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New delhi� Nai Delhi:
The Federation of Indian Export Organization (FIEO) said on Monday that the latest trade figures of India reflect the strong performance of its service sector, which continues to act as a buffer against global demand, geopolitical stress and challenges of high interest rates. Despite the global economic adverse, India’s overall exports (mixed with goods and services) have been shown in 2025. Percentage increased. The total exports rose from $ 69.20 billion in May 2024 to $ 71.12 billion.

“This growth has been mainly due to service exports, especially software, counseling and constant strength in financial services,” said FIEO President SC Ralhan. Ralhan said, “Exporters are keeping coordination well with a difficult global environment. Especially despite logistics disruptions in the Middle East, the ability to maintain export growth is a proof of the region’s agility and policy support.”

May 2024 saw a slight decline in total imports (goods + services) as compared to $ 78.55 billion, which was $ 77.75 billion, indicating stable domestic demand for necessary inputs and services. The goods reported that the decline in imports of goods can also reflect the increasing success in import replacement and domestic capacity, which is affected by government’s self -sufficiency efforts.

To maintain export growth and accelerate, the Fio Chairman emphasized the immediate need for continuous support for MSME through the interest equilibrium; Quick Free Trade Agreements (FTA) talks on BTA, especially with the US to increase access to the market; Simplification and digitization of business processes to reduce the cost of transactions; And to make e-commerce exports uninterrupted by addressing various procedural issues. Stain accelerated expansion in India to meet the growing financial needs of SMEs; Partnership with Fieo to strengthen export competition

Further, the Ralhan urged the government to focus rapid focus on field-specific issues and to take advantage of India’s growing service power by investing in digital infrastructure, talent development and targeted global propagation.

“With the hope of proper policy intervention and global conditions being stable in the second half of 2025, India is in good position to regain a strong export growth trajectory in the second half of 2025,” he said.