December delivered a powerhouse performance for Indian exports, soaring to $38.51 billion and injecting fresh optimism into the trade outlook. Commerce data reveals a crisp 2% YoY growth, with cumulative FY24 exports at $317.4 billion. Non-oil exports, the real growth engine, expanded by 3.5%, signaling diversification success. Standouts were engineering goods at $10.2 billion and petroleum at $8.9 billion. Analysts forecast sustained growth, driven by services exports complementarity, as India eyes top-three global exporter status by 2030. These numbers represent a pivotal chapter blending resilience with strategic foresight.
