NEWS DETAILS

Date: 20/05/2025

Fifty pc of India’s exports comprised agri, pharma, electronics, engg in FY25

Agriculture, pharma, electronics and engineering goods together accounted for over 50% 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% to India’s USD 437.42 billion exports in 2024-25, while agriculture, pharmaceuticals and electronics accounted for 11.85%, 6.96% and 8.82%, respectively. Engineering goods’ shipments rose 6.74% year-on-year to USD 116.67 billion. Drugs and pharmaceuticals exports grew 9.4% to USD 30.47 billion while that of agri and allied sectors increased 7.36% to USD 51.86 billion in 2024-25. Data showed that the electronic goods sector saw the highest export growth rate at 32.46%, as per a report.
 
Source: Exim News Service: New Delhi, May 19