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India's Merchandise Exports Soar 15% Amid Global Turmoil, UAE Pledges $25 Billion Investment
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News18•28-09-2026, 16:30
India's Merchandise Exports Soar 15% Amid Global Turmoil, UAE Pledges $25 Billion Investment
- •India's merchandise exports increased by 15% until September 21 this fiscal year, despite global economic uncertainties and ongoing conflicts.
- •Commerce and Industry Minister Piyush Goyal highlighted this achievement after the 14th India-UAE High Level Task Force on Investment meeting.
- •The UAE, already India's seventh-largest source of FDI, intends to invest an additional $25 billion, aiming for a total of $100 billion in India.
- •Exports jumped 17.85% year-on-year to $215.91 billion during April-August this fiscal year, while imports climbed 18.21% to $363 billion.
- •The Strait of Hormuz, a principal sea route for India, is experiencing significant stress, adding to the challenges overcome by the export growth.
Key Questions Answered
India's merchandise exports rose by 15 per cent till September 21 during the current fiscal year despite global economic uncertainties and ongoing conflicts.
The UAE has expressed an intent to invest another USD 25 billion in the near future, with the ultimate objective of raising its total investments in India to USD 100 billion.
During the April-August period of this fiscal year, India's exports jumped 17.85 per cent year-on-year to reach USD 215.91 billion, while imports climbed 18.21 per cent to USD 363 billion.
