India’s exports grew by 4.86 percent in the April to September period, reaching 393.22 billion dollars, up from 375 billion dollars in the same period last year, according to Ministry of Commerce and Industry.

Merchandise exports for the first half of this fiscal year were valued at 213.22 billion dollars, a slight increase of 1.02 percent compared to the previous year. Services exports grew by an estimated 9.81 percent during the same period.

In September alone, India’s total exports, including merchandise and services, were estimated at 65.19 billion dollars, showing a growth of 3.76 percent.

Key drivers of this growth included engineering goods, chemicals, plastics, pharmaceuticals, and textiles. The top five export destinations with positive growth were the Netherlands, UAE, US, Brazil, and Japan.

Federation of Indian Export Organisations President Ashwani Kumar said the rise in merchandise exports, despite geopolitical tensions and economic challenges, signals a positive revival.