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India's total exports hit record $863 billion in FY26, services surge 8.7%

May 7, 2026

New Delhi: India's services exports touched $421.3 billion in FY26, surpassing $418.3 billion estimated earlier, boosting total goods and services exports to a record $863.1 billion last fiscal year, an official said Wednesday.

Services exports climbed 8.7% from $387.55 billion in the previous fiscal. Overall exports rose 4.6% from $825.26 billion in FY25.

"This marks the highest level of overall exports so far, sustained by steady performance across sectors despite ongoing global challenges," the official said. "Moreover, the highest-ever total exports were recorded in each quarter of 2025-26."

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