THE Indian government on Saturday said the country’s exports have seen a historic rise by reaching US$778.21 billion in Fiscal Year 2023-24 (April to March).
According to the federal ministry of commerce and industry, this marks a 67 per cent increase from $466.22 billion in FY 2013-14.
The ministry said key sectors that played a vital role in this surge include electronics, pharmaceuticals, engineering goods, iron ore, and textiles.
“The momentum has continued into FY 2024-25, with cumulative exports during April-December 2024 estimated at $602.64 billion, a 6.03 per cent increase from $568.36 billion in the same period of 2023,” the ministry said.
Xinhua
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