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of <h1>India's Exports Rise 0.7% in March After Four Negative Months, Trade Deficit Widens to $21.54 Billion</h1> India's exports increased by 0.7% to USD 41.97 billion in March after four negative months, while the trade deficit widened to USD 21.54 billion. For fiscal year 2024-25, exports grew marginally by 0.08% to USD 437.42 billion, while imports rose 6.62% to USD 720.24 billion, resulting in a trade deficit of USD 282.82 billion. Overall exports of goods and services reached a record USD 820.93 billion, up 5.5% from the previous year. Major growth drivers included engineering, electronics, pharmaceuticals, and textiles. Gold imports increased to USD 58.01 billion, though volume decreased to 757.15 tonnes compared to 795.32 tonnes in 2023-24.
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