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.
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
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 (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
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.
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.
