SDG 8: Decent Work & Economic Growth | SDG 17: Partnerships for the Goals
Institutions: Ministry of Commerce & Industry
Reacting to the Ministry of Commerce & Industryβs Quick Estimates for August 2025, which reported merchandise exports rising 6.7% year-on-year to US$ 35.1 billion and imports falling 10.12% to US$ 61.59 billion, the Federation of Indian Export Organisations (FIEO) highlighted the resilience of Indian exporters. The narrowed merchandise trade deficit of US$ 26.49 billion was welcomed as a positive sign amidst global economic and tariff pressures.
FIEO President S C Ralhan credited diversification of markets, focus on high-growth sectors, and supportive government measures for sustaining export momentum. He stressed, however, that continued growth will depend on faster trade facilitation, ease of doing business, skilling, and wider market access. He urged timely disbursement of export incentives and greater support for MSMEs, noting that global tariff uncertainties heighten the need for India to keep its exporters competitive.
While MoCIβs Quick Estimates provide the official trade data, the FIEO statement reflects the export communityβs priorities and concerns. It underscores that policy attention must shift from headline growth to sustained competitiveness through facilitation, incentives, and MSME empowerment.
Relevant Question for Policy Stakeholders:
How can India ensure that MSMEs, who form the backbone of exports receive timely financial and institutional support to sustain momentum in a volatile global trade environment?
Follow the full release here:
https://fieo.org/view_Press_Releases_detail.php?lang=0&id=0,21&dcd=12512&did=175793910084svrqekhbt66m65bsjc4u5fr0