Union Finance Minister Nirmala Sitharaman has said that the government has taken several measures to reduce the burden on trade by cutting down tariffs to support manufacturing and promote exports. Addressing the Exim Bank Trade Conclave 2025 in New Delhi on Tuesday, Mrs Sitharaman said, the country’s total exports reached a time high of 825 billion US dollars and achieved six per cent growth over the previous year. The Minister said that global exports grew by only four per cent, but India’s exports witnessed growth of 6.3 per cent in the last fiscal year. On the talks with various nations to finalise free trade agreements, Mrs Sitharaman said, these agreements will change the dynamics of the country’s exports in the future.
In the FY 2024-25, India’s total exports reached an all-time high of USD 825 billion, achieving 6% growth over the previous year, and a significant leap from US$ 466 billion in 2013–14.
— Nirmala Sitharaman Office (@nsitharamanoffc) June 24, 2025
While global exports grew by around 4%, India’s exports expanded at a faster pace of… pic.twitter.com/TOZYo4wiWa
In the last few years, global growth and trade have suffered. It doesn't seem that the world is in mood to go along with exports. Despite that, Indian exports have been growing, she said.
Newsinc24 Team





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