<h1>India's Exports Expected to Hit Record USD 800 Billion in 2024-25 Despite Concerns Over Declining Trends</h1> India's exports are projected to reach a record USD 800 billion in the 2024-25 fiscal year, according to the Commerce and Industry Minister. Despite concerns from a Congress leader about declining exports, the minister emphasized that exports have been growing significantly over the past four years. He reassured that foreign exchange reserves remain strong, consistently above USD 600 billion. However, certain imports like petroleum products and edibles are unavoidable due to domestic demand. The rise in imports signals increased domestic consumption, attracting investment and job growth. The 2025-26 Budget supports this by offering tax relief to boost consumption.