Indian Exports Witness Consistent Growth
News: India’s export performance from 2010 to 2023 has shown a steady upward trajectory, highlighting the strength and resilience of its trade sector. According to a UNCTAD report, India achieved a 6.3% growth rate in its share of global exports—the highest among major economies.
This surpasses the European Union (3.9%), China (6.1%), and the US (3.9%) during the same period.
The report credits India’s robust trade policies, strong manufacturing and services sectors, and effective export promotion initiatives for this growth.
India’s total exports rose from USD 274.8 billion in 2009–10 to USD 776.3 billion in 2022–23 and further to USD 825 billion in 2024–25, reflecting greater integration into global supply chains.
Source: The Economic Times
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