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
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.
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’.
