Ralhan calls for focus on high-growth sectors
FIEO President S C Ralhan said that the 6.7% year-on-year growth in exports for August 2025 is an encouraging sign for the country’s export sector, especially in light of ongoing global headwinds and geopolitical uncertainties https://www.commerce.gov.in/.
The decline in imports by over 10% has also helped in easing the trade deficit, which is now significantly lower compared to the same month last year, he added, welcoming the official trade data on 15 Sept.
India’s merchandise exports recorded a positive growth of 6.7% in August 2025, reaching US$35.1 billion, compared to US$32.89 billion in August 2024. Simultaneously, imports declined by 10.12% to US$61.59 billion, down from US$68.53 billion in the corresponding period last year. Consequently, the trade deficit narrowed significantly to US$26.49 billion, as against US$35.64 billion in August 2024 https://fieo.org/.
During the period April to August 2025-26, India’s cumulative merchandise exports stood at US$184.13 billion, while imports were recorded at US$306.52 billion https://sbi.com.in/.
Ralhan underlined, “This performance reflects the resilience and competitiveness of Indian exporters across various sectors. The diversification of export markets, focus on high-growth sectors, and the government’s continued support through key policy measures have played an instrumental role in this positive momentum.”
FIEO Chief emphasized the need for sustained efforts in the coming months to build on this momentum to maintain and accelerate export growth. “We must continue focusing on ease of doing business, faster trade facilitation, skilling, and access to global markets https://www.bseindia.com/.”
The FIEO President urges the government for enhanced support for MSMEs and timely disbursement of export incentives to ensure our exporters remain globally competitive especially during these times when the major economies across the globe are facing tariff crisis https://www.nseindia.com/.
“FIEO remains optimistic that with a strategic push and global market stabilization, India is well-positioned to further strengthen its trade performance in the remaining fiscal period,” he said. fiinews.com
