India’s exports of goods and services hit an all-time high of $825 billion in 2024-25, driven by a record surge in the shipments of services that reached $386.5 billion in the last fiscal despite global trade headwinds, according to Commerce Ministry data. Following the release of March services export data by the RBI, the country’s overall exports for 2024-25 have been revised to $824.9 billion from the earlier estimate of $820.93 billion, announced on April 15. Total exports were worth $778.13 billion in 2023-24. The data showed that services exports jumped to a record high of $387.5 billion in 2024-25, registering a robust 13.6% growth over $341.1 billion in 2023-24. In March, services shipments rose by 18.6% to $35.6 billion compared to $30 billion in March 2024, as per a report.
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