India's exports reach record high, reach USD 778.21 billion in 2023-24

Daily Current Affairs / India's exports reach record high, reach USD 778.21 billion in 2023-24

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Category : Business and economics Published on: February 06 2025

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India's exports saw a historic surge, reaching 778.21 billion US dollars in 2023-24. This represents a 67% increase from 466.22 billion US dollars in 2013-14.
This surge demonstrates India's growing role in global trade, based on strong performance in both goods and services exports.
In 2023-24, merchandise exports stood at 437.10 billion US dollars, while services exports contributed 341.11 billion US dollars, reflecting a well-balanced expansion.

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India's exports reach record high, reach USD 778.21 billion in 2023-24