India’s export performance during April-October 2024 has shown strong growth, with an overall increase of 7.28 per cent, totalling 468.27 billion dollars, up from 436.48 billion dollars during the same period in 2023. According to data released by the Ministry of Commerce & Industry, merchandise exports alone reached 252.28 billion dollars, marking a steady growth of 3.18 per cent compared to 244.51 billion dollars in the same period last year.

On the service exports front, the estimated value of service exports during April-October 2024 stands at 215.98 billion dollars, a significant jump from 191.97 billion dollars in the previous year, reflecting growth of over 12 per cent.