India's total exports hit record $863 billion in FY26, services surge 8.7%

India’s services exports hit a record $421.3 billion in fiscal year 2026. This pushed total goods and services exports to an all-time high of $863.1 billion. Services exports saw an 8.7% increase. Merchandise exports also grew, contributing significantly. This performance highlights India’s strong export capabilities amidst global challenges. Each quarter of fiscal year 2026 achieved peak export levels.

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