Export-Import Bank of India (India Exim Bank) forecasts India’s total merchandise exports at US$ 111.9 bn, witnessing a marginal (0.3%) year-on-year (y-o-y) growth, while non-oil exports are forecasted at US$ 97.8 bn, growing by 3.5%, during Q1 (April-June) of FY2027. Non-oil and non-gems and jewellery exports are projected at US$ 90.4 bn, with an y-o-y growth of 2.9% during the same quarter.
Exim Bank (the Bank)’s results for the financial year 2025-26 were adopted by the Board on Friday, May 8, 2026. Key highlights of the Bank’s performance during FY 2025-26 are as under:
FINANCIAL PERFORMANCE
Signing of the Issuing Bank Agreement by Mr. Tarun Sharma, Deputy Managing Director, India Exim Bank, and Mr. A. Odonbaatar, Chief Executive Officer, Golomt Bank at Asian Development Bank Annual Meetings at Samarkand, Uzbekistan
Export-Import Bank of India (India Exim Bank) forecasts India’s total merchandise exports to amount to US$ 125.3 bn, witnessing a year-on-year (y-o-y) growth of 8.7%, while non-oil exports are forecast to increase to US$ 113.4 bn, growing at 12.1%, during Q4 (January-March) of FY2026. Non-oil and non-gems and jewellery exports are forecast to amount US$ 98 bn, with an y-o-y growth of 5.7% during the same quarter.
Mumbai, January 31, 2026 – Ms. Harsha Bangari, Managing Director, India Exim Bank, along with Mr. Nagaraju Maddirala, Secretary, Department of Financial Services, Ministry of Finance and Ms. Brinda Miller, Chairperson of the Kala Ghoda Association inaugurated the 26th edition of Kala Ghoda Arts Festival at Mumbai today.
Adopting a cluster-focussed approach for addressing gaps in policy, infrastructure, technology, and finance can help propel India’s gems and jewellery exports to US$ 75 billion by 2030, according to a joint study by the Export-Import Bank of India (Exim Bank) and the Gems and Jewellery Export Promotion Council (GJEPC), titled ‘Making Gems and Jewellery Clusters Exportable’.
