India's Exports Defy Global Shocks, US Tariffs; Positive Outlook for 2026

Business
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News18•28-12-2025, 15:16
India's Exports Defy Global Shocks, US Tariffs; Positive Outlook for 2026
- •India's exports show strong resilience despite global trade shocks and a 50% US duty, with exporters diversifying markets.
- •Merchandise exports rebounded to USD 443 billion in 2024, and combined goods and services exports hit a record USD 825.25 billion in 2024-25.
- •US tariffs in August 2025 caused a brief dip, but shipments to the US sharply rebounded by 22.61% in November.
- •Upcoming FTAs with UK, Oman, New Zealand, and structural shifts like electronics growth are key drivers for 2026.
- •Government support includes a Rs 25,060 crore export promotion mission and expanded use of FTAs to boost market access.
Why It Matters: India's export sector demonstrates remarkable resilience and a positive growth trajectory for 2026, overcoming global challenges.
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