India's March 2026 trade deficit $20.98bn, merchandise exports down 7%+
NewsBytes | April 15, 2026 6:40 PM CST
Rajesh Agrawal: $860bn exports by 2025-26
Looking ahead, Commerce Secretary Rajesh Agrawal expects total exports (goods and services) to hit around $860 billion by 2025-26.
The real star here is the services sector (think IT and finance), which is set to grow faster than goods, while merchandise exports are only expected to inch up slightly.
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