Current Affairs - Economy - Discussion

In the financial year 2024-25, India’s non-petroleum exports reached a record 374.08 billion dollars, marking a 6% increase from the previous year. This growth contributed significantly to India’s overall export performance, which hit an all-time high of 824.9 billion dollars. The rise in non-petroleum exports reflects improved competitiveness and diversification in India’s export basket, particularly in manufactured goods and services. This 6% growth is a positive indicator for India’s external sector, helping to reduce the trade deficit and support overall economic momentum amid global challenges in trade and supply chains.