India’s total exports accelerated to USD 67.7 billion in November 2024 from USD 61.8 billion in November 2023, registering a 9.6% growth. This robust growth is driven by a double digit growth in exports of electronic goods, engineering goods, rice, and marine products, said Shri Hemant Jain, President, PHDCCI, in a press statement issued here today.
On cumulative basis, India’s overall exports registers a 7.6% increase from USD 498.3 billion in April-November 2023 to USD 536.2 billion in April-November 2024. This growth in exports is driven by strong year-on-year growth in services exports by 14.5% during the same period, said Shri Jain
This resilient momentum in India’s exports trajectory is a testament to India’s evolving manufacturing prowess, unwavering commitment to innovation and strategic policy making, said Shri Hemant Jain.