India’s exports accelerate on strong FTA push and renewed India–US Trade ties

NEW DELHI : India’s external trade performance gathered strong momentum over the past year, with total exports climbing from US$ 64.05 billion in November 2024 to US$ 73.99 billion in November 2025—registering an impressive year-on-year growth of 15.52%. This sustained rise highlights India’s deepening engagement with global markets, driven by structural policy reforms, expanding manufacturing capabilities and stronger international trade linkages.

A major contributor to this export growth has been India’s active trade diplomacy. In recent years, the country has concluded several high-impact Free Trade Agreements (FTAs), while negotiations with additional strategic partners are progressing steadily. These initiatives are aimed at enhancing market access for Indian products and services, improving competitiveness, and reinforcing resilient global supply chains.

Further strengthening the trade outlook is renewed momentum in India–United States economic relations. Prime Minister Narendra Modi and US President Donald Trump recently held discussions focused on advancing bilateral economic cooperation, amid growing indications that both sides are nearing the conclusion of a long-pending trade agreement.

During their interaction, the two leaders reviewed the steady progress in India–US relations and exchanged perspectives on key regional and global issues. They reiterated their commitment to the India–US Comprehensive Global Strategic Partnership, with emphasis on expanding collaboration in trade, critical and emerging technologies, energy, defence and security.

Underscoring strong political backing for closer economic engagement, both leaders affirmed that India and the United States will continue to work together to promote global peace, stability and prosperity. With exports on a clear upward path and trade negotiations gaining traction, India’s global trade prospects appear increasingly promising as the country moves into 2026.