India’s Exports Rise 15% In Early FY27 Despite Global Turbulence: Goyal
India's merchandise exports grew by around 15 per cent during the period from April 1 to June 14, demonstrating remarkable resilience despite global economic uncertainty, geopolitical tensions and trade disruptions, Union Commerce and Industry Minister Piyush Goyal said on Sunday.The minister said the strong performance underscores the competitiveness of Indian exporters at a time when global trade continues to face challenges ranging from geopolitical conflicts and supply-chain disruptions to higher tariffs imposed by major economies.
According to Goyal, the growth achieved during the first two-and-a-half months of the current financial year reflects the confidence and adaptability of India's export sector amid a difficult international trading environment.
The latest figures build on the momentum seen in recent months. India's exports touched a record USD 863 billion in FY26 despite disruptions arising from the West Asia crisis and tariff measures by the United States, highlighting the robustness of the country's trade ecosystem.
Goyal has repeatedly expressed confidence that India is on course to achieve its ambitious export targets. Earlier, he stated that the country was progressing towards achieving USD 1 trillion in exports in FY27, supported by expanding global market access and a growing network of free trade agreements.
The minister's remarks come at a time when global trade flows remain under pressure due to ongoing tensions in West Asia, elevated freight costs and protectionist measures adopted by several economies. Despite these headwinds, India's export sector has continued to record healthy growth across multiple categories.
Recent data has also shown a strong start to the current fiscal year, with exports rising 13.8 per cent in April, while preliminary figures for May indicated sustained momentum in outbound shipments.
Industry observers attribute the positive trend to improving global demand for Indian goods, diversification of export markets and the government's focus on strengthening trade partnerships. India is currently negotiating several trade agreements, including an interim trade pact with the United States and a proposed free trade agreement with the European Union.
With exports continuing to expand despite a volatile external environment, policymakers view the sector as a key driver of economic growth, employment generation and foreign exchange earnings. The government expects ongoing trade negotiations and export promotion measures to further strengthen India's position in global markets during FY27.
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