India just smashed its export record in FY26's 1st half

Business Nov 20, 2025

India set a new export record in the first half of FY26, reaching $418.9 billion—a 5.86% jump from last year, even with global challenges like supply chain hiccups and geopolitical tensions.
Both Q1 and Q2 saw exports hit over $209 billion each, marking the highest numbers ever for these quarters.

What's fueling this growth?

Rising smartphone shipments, strong agricultural exports thanks to good monsoons, and booming services have all played a part.
While other big economies are seeing their exports drop, India's diverse product mix and government incentives are helping it stand out on the global stage.