India’s merchandise exports remained largely unchanged in February, reflecting a slowdown in global demand and rising uncertainties in international trade, according to officials from the Ministry of Commerce and Industry.
Government data showed that export growth remained flat during the month, with mixed performance across sectors such as engineering goods, textiles, and chemicals. While some industries recorded marginal gains, others faced weaker demand from key overseas markets.
Speaking on the outlook, Sunil Barthwal, Commerce Secretary of India, cautioned that exports could witness a decline in March due to ongoing geopolitical tensions and disruptions in global shipping routes.
The conflict affecting parts of West Asia has increased freight costs and created logistical challenges for exporters, particularly those shipping goods to markets in the Middle East and Europe. Industry representatives say delays and higher insurance premiums are adding pressure on export margins.
Officials noted that the government is closely monitoring trade conditions and is preparing additional support measures to assist exporters if disruptions continue. Efforts are also underway to diversify export markets and strengthen India’s global trade resilience.
Despite the short-term challenges, policymakers remain optimistic about the long-term prospects for India’s export sector, supported by expanding manufacturing capacity and increasing participation in global supply chains.
