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India Eyes Deeper Development Ties with Africa, Targets US$ 200 Billion Trade by 2030 at 10th Africa-India Partnership Day

Abidjan, Côte d'Ivoire, May 28, 2025- India Exim Bank organized Africa-India Partnership Day (AIPD) programme as part of the events associated with the Annual Meetings of the African Development Bank Group (AfDB).

Exim Bank’s corporate loan book records 31% y-o-y growth

Exim Bank (the Bank)’s results for the financial year 2024-25 were adopted by the Board on Friday, May 9, 2025. Key highlights of the Bank’s performance during 2024-25 are as under:

FINANCIAL PERFORMANCE

India Exim Bank forecasts India’s merchandise exports to amount to US$ 113.7 bn and Non-oil exports to amount to US$ 99.2 bn for Q1 (April-June) of FY2026

Export-Import Bank of India (India Exim Bank) forecasts India’s total merchandise exports to amount to US$ 113.7 bn, witnessing a year-on-year (y-o-y) growth of 3.3%, while non-oil exports are forecast to amount US$ 99.2 bn, with a y-o-y growth of 10.9%, during Q1 (April-June) of FY2026. Non-oil and non-gems and jewellery exports are forecast to amount US$ 88.1 bn, with a y-o-y growth of 7.3%, during Q1 (April-June) of FY2026.

A 1% Increase in REER Could Boost India’s Exports by 1.07% in the Long Run: Exim Bank Study

Exim Bank’s study indicates that a 1% increase in REER (indicating appreciation of the Indian Rupee) translates into a 1.07% increase in India’s real exports to the world. While conventional wisdom suggests that currency depreciation boosts exports by making goods more competitively priced in global markets, the counterintuitive finding of the study suggests that a weaker rupee may not necessarily deliver the anticipated boost to Indian export growth.

Unlocking MSMEs’ Potential Crucial for India’s Export Target by 2030: Exim Bank’s Study

Exim Bank’s study, based on a primary survey and secondary research, identifies the challenges that affect MSMEs’ participation in exports, including lack of information on export opportunities, lack of relationship with foreign distributors, agents and customers; marketing related challenges, lack of awareness about financial support/schemes for exports, and challenges in complying with regulations in export markets, among others.

India Exim Bank Signs Asian Development Bank’s Confirming Bank Agreement

Milan, 6 May 2025: Export-Import Bank of India (India Exim Bank) and the Asian Development Bank (ADB) signed a Confirming Bank Agreement (CBA) under ADB’s Trade and Supply Chain Finance Program (TSCFP). The Agreement was executed by Ms. Trupti Mhatre, General Manager, Trade Facilitation Group, India Exim Bank, and Mr. Steven Beck, Director and Head of ADB‘s Trade and Supply Chain Division, on the sidelines of the 58th ADB Annual Meeting in Milan, Italy on 6 May 2025.

India Exim Bank forecasts India’s merchandise exports to amount to US$ 116.7 bn and Non-oil exports to amount to US$ 93.9 bn for Q1 (April-June) of FY2025

Export-Import Bank of India (India Exim Bank) forecasts India’s total merchandise exports to amount to US$ 116.7 bn, witnessing an y-o-y growth of 12.3%, while non-oil exports are forecast to amount US$ 93.9 bn, witnessing an y-o-y growth of 10.7%, during Q1 (April-June) of FY2025. These positive growth rates are expected to be witnessed in continuation of the positive growth witnessed during the last two quarters of the previous financial year.

India Exim Bank forecasts India’s merchandise exports to amount to US$ 118.2 bn and Non-oil exports to amount to US$ 95 bn for Q4 (January-March) of FY2024

Export-Import Bank of India (India Exim Bank) forecasts

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