PR No – 161
17th September, 2024
New Delhi
PHDCCI appreciates India’s exports resilience with exports growth of 5.3% Y-o-Y during April-August 2024
India’s exports increased despite geopolitical headwinds. The total exports of merchandise and services in the first five months of FY 2024-25 begins with strong growth of 5.3% as compared with April-August 2023. The cumulative overall exports during April-August 2024 is estimated at USD 374.3 billion, as compared to USD 350.1 billion in April-August 2023, said Mr. Sanjeev Agrawal in a press statement issued here today.
The higher exports trajectory during April-August 2024 was primarily driven by rising exports of electronic goods, tea, coffee, spices, and cereal preparations, among others, said Mr. Sanjeev Agrawal.
We look forward to a great export growth trajectory in the current financial year.
As India’s supply chains become stronger, the export trajectory is expected to perform better in the current financial year, said Mr. Agrawal.
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Warm Regards,
Media Division
PHD Chamber of Commerce and Industry