https://www.taxtmi.com/news?id=69023 India's external sector showed resilience with record merchandise and services exports in FY25. Merchandise exports reached USD 437.7 billion (non petroleum USD 374.3 billion) with strong growth in electronics, pharmaceuticals, telecom instruments and automobiles; agricultural and pharmaceutical exports posted significant multi year gains. The Production Linked Incentive scheme materially supported export growth in targeted manufacturing sectors even as merchandise imports rose for intermediate inputs and capital goods. Services exports hit USD 387.6 billion, producing a record services trade surplus and reflecting expansion of Global Capability Centres and deeper trade diversification. en-us Thu, 29 Jan 2026 16:43:30 +0530 Thu, 29 Jan 2026 16:43:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69023 India's external sector showed resilience with record merchandise and services exports in FY25. Merchandise exports reached USD 437.7 billion (non petroleum USD 374.3 billion) with strong growth in electronics, pharmaceuticals, telecom instruments and automobiles; agricultural and pharmaceutical exports posted significant multi year gains. The Production Linked Incentive scheme materially supported export growth in targeted manufacturing sectors even as merchandise imports rose for intermediate inputs and capital goods. Services exports hit USD 387.6 billion, producing a record services trade surplus and reflecting expansion of Global Capability Centres and deeper trade diversification. News - Thu, 29 Jan 2026 16:43:30 +0530 https://www.taxtmi.com/news?id=69023