NITI Aayog Member Arvind Virmani launched the NITI Aayog Trade Watch Quarterly Report in New Delhi yesterday. The quarterly report has been published for the second quarter from July to September of the financial year 2025. The report highlights that India’s total trade grew by 5.67 percent in April- September 2024 compared to the same period in 2023, with exports rising 5.23 percent and imports increasing 6.07 percent year on year.
The report states that the country’s merchandise exports have remained stable, averaging 35.4 billion dollars per month over the past six
months, while imports averaged 57.8 billion dollars, except for a surge in August. The report also mentions that India ranks 6th in global textile exports, but its basket remains skewed towards natural fibers, with a strong presence in cotton and carpet threads. The Trade Watch Report offers a holistic snapshot of India’s trade position, combining global demand-supply perspectives, sectoral performance, and insights into emerging trade opportunities. It also identifies geopolitical opportunities and challenges posed to the country’s trade.