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The 18 per cent growth in the country's merchandise exports reflects the increasing integration of Indian companies into global value chains and the diversification of export markets, experts said on Tuesday. India's exports climbed to a six-month high of 18 per cent to USD 45.2 billion in May, while the trade deficit widened to USD 28.21 billion, driven by increased imports of petroleum products amid higher crude oil prices. The increase in the outbound shipments is a reflection of the growing competitiveness of Indian industry and the confidence that global markets continue to place in Indian products, Sanjay Budhia, CII's Co-chair National Committee on Exports and MD, Patton International Ltd, said. He said that the healthy growth in exports during the first two months of 2026-27 also highlights the increasing integration of Indian enterprises into global value chains and their ability to respond to evolving international demand. During April-May 2026-27, exports rose 16.09 per