Export resilience: Tariff-hit 2025 tests India’s trade, but diversification keeps momentum intact for 2026

Indian exports demonstrated resilience in a challenging 2025, navigating steep US tariffs and global trade uncertainty. Exporters successfully diversified markets and products, a strategy officials and industry believe will drive steady growth into 2026. Despite shocks, combined goods and services exports hit a record $825.25 billion in 2024-25.