New Delhi: India’s services exports touched $421.3 billion in FY26, surpassing $418.3 billion estimated earlier, boosting total items and services exports to a record $863.1 billion final fiscal 12 months, an official mentioned Wednesday.
Services exports climbed 8.7% from $387.55 billion in the earlier fiscal. Total exports rose 4.6% from $825.26 billion in FY25.
“This marks the very best stage of general exports to date, sustained by regular efficiency throughout sectors regardless of ongoing world challenges,” the official mentioned. “Furthermore, the highest-ever total exports had been recorded in every quarter of 2025-26.”
Additionally Learn: India’s exports rise 4.6% to hit all-time excessive of $863 bn in FY26 regardless of world headwinds
The expansion in services exports underscores increasing world demand for services equivalent to IT, enterprise options, {and professional} experience, in keeping with the official.
Merchandise exports grew 0.93% in FY26 to $441.78 billion from $437.7 billion in FY25.
“Regardless of world uncertainties and challenges in items commerce, India’s merchandise exports maintained its upward trajectory, contributing considerably to the total export basket,” the official mentioned, including every quarter of FY26 recorded peak export efficiency.
The strong export efficiency highlights a structural shift towards a extra service-driven export economic system whereas sustaining stability in items commerce, the official mentioned.
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