Agri, pharma, electronics, engineering made up 50% of FY25 exports: Govt

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Agri, pharma, electronics, engineering made up 50% of FY25 exports: Govt - Business Standard

Quick Summary:

Agriculture, pharma, electronics, and engineering goods together accounted for over 50 per cent of India's merchandise exports in 2024-25, according to government data, highlighting the country's growing strength in diverse sectors amid efforts to boost manufacturing and value-added exports.

Engineering goods contributed the highest share of 26.67 per cent to India's USD 437.42 billion exports in 2024-25, while agriculture, pharmaceuticals, and electronics accounted for 11.85 per cent, 6.96 per cent, and 8.82 per cent, respectively.

The data showed that the electronic goods sector saw the highest export growth rate at 32.46 per cent, jumping from USD 29.12 billion in 2023-24 to USD 38.58 billion in the last fiscal year.It was USD 23.6 billion in 2022-23 and USD 15.7 billion in 2021-22.