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India's Exports Surge 9% Amid Market Diversification Efforts

10/21/2025

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Story summary
  • India's exports rose 9% in Q2FY26 after a 7% decline in Q2FY25.
  • Diversification into 24 markets, including the UAE and Germany, supported the rebound.
  • Exports to the United States fell 11.93% in September amid a 50% tariff.
  • In the first half of fiscal year 2026 (H1 FY26), imports rose 4.53% and the trade deficit reached USD 154.99 billion.
  • Exporters will shift focus to Africa, Latin America, and the Middle East.