India’s April–May 2025 Export Surge Led by Services, Electronics & Pharma: Trade Deficit Widens Slightly

India’s export economy continues to show resilience in the face of global uncertainty. The combined exports of merchandise and services for April–May 2025 stood at ₹12.23 lakh crore (US$ 142.43 billion) — marking a 5.75% growth over the same period last year, according to fresh data released by the Ministry of Commerce.

The growth was fueled primarily by strong service sector performance and an impressive rise in exports of electronic goods, pharmaceuticals, and marine products. However, rising imports caused a slight widening in the trade deficit.

India’s Export-Import Snapshot: April–May 2025

₹12,23,900 crore (US$ 142.43 billion)
Up 5.75% YoY

₹6,63,293 crore (US$ 77.19 billion) Up 3.07%

₹5,60,607 crore (US$ 65.24 billion)
Up 9.11% — continues to outperform goods

₹13,71,185 crore (US$ 159.57 billion) Up 6.52% YoY
₹1,47,284 crore (US$ 17.14 billion) Widened from ₹1,29,926 crore (April–May 2024)

May 2025 Monthly Highlights

₹3,32,806 crore (US$ 38.73 billion) Slight dip due to softening demand in metals and textiles
₹2,78,327 crore (US$ 32.39 billion) Up from ₹2,54,438 crore in May 2024

Fastest-Growing Export Categories

54.10% YoY — driven by global demand and domestic manufacturing push (PLI schemes)
26.79% — strong performance in frozen shrimp and aquaculture
7.38% — consistent exports to the US, EU, and Latin America
₹5,52,100 crore (US$ 64.25 billion) 7.53%

Top Export Destinations: Strong Growth

21.78% — led by IT services, electronics, and generics
50.76% — strong demand in industrial goods and tech
18.75% — notable recovery in trade flow

Import Highlights

Key Trends & Takeaways for Logistics Stakeholders

Final Word

India’s strong start to FY 2025–26 sends a positive signal, but widening trade deficits and global uncertainties underline the need for strategic logistics and sourcing decisions. Stakeholders in freight forwarding, warehousing, and cross-border trade must keep a close eye on changing trade lanes and government policy shifts.

India Targets ₹8,549 Crore in Turmeric Exports by 2030: Major Push for Agri-Logistics & Global Trade

In a significant move to strengthen India’s agricultural exports and rural economy, Union Home Minister and Minister of Cooperation Mr. Amit Shah, announced a ₹8,549 crore (US$1 billion) turmeric export target by 2030. The announcement came during the inauguration of the National Turmeric Board Headquarters in Nizamabad, Telangana.
The newly established board is designed to transform the turmeric value chain—from production and processing to global marketing and exports—while directly addressing the long-standing demands of turmeric farmers.

Key Highlights:

This initiative not only reflects India’s ambition to dominate the global turmeric market but also signals a major shift towards organized agricultural logistics, export infrastructure, and farmer empowerment.

India Exports Rose-Scented Litchi from Pathankot to Qatar and UAE in First-Ever Dual Shipment

In a sweet breakthrough for India’s horticultural exports, the first-ever consignment of rose-scented litchis from Pathankot, Punjab, was successfully shipped to Doha, Qatar, and Dubai, UAE, on June 23, 2025. This milestone marks a major step in India’s agri-export journey, showcasing premium fruit varieties on global shelves.
The shipment was jointly flagged off by the Agricultural and Processed Food Products Export Development Authority (APEDA) and the Department of Horticulture, Punjab, under the broader support of the Ministry of Commerce and Industry and the Ministry of Agriculture and Farmers Welfare.

Key Highlights:

Why It Matters:

This dual-export event not only highlights India’s growing global footprint in high-value horticultural products but also opens up new revenue channels for farmers, especially in northern states like Punjab. It reflects the success of India’s targeted agri-export policies, value-chain support from APEDA, and collaboration with private players.
“This shipment is a testament to the export potential of Indian fruits beyond traditional varieties,” said an official from APEDA. “We aim to continuously strengthen global linkages for our farmers and agri-entrepreneurs.”

Odisha Accelerates Port Infrastructure with ₹18,654 Cr Investment – Gopalpur Expansion & New Jetty Near Paradip

In a major move to strengthen its maritime infrastructure and boost logistics-led development, the Odisha government has signed two major concession agreements involving a combined investment of ₹18,654 crore (~US$ 2.23 billion). These agreements are expected to create approximately 8,450 jobs, enhancing the state’s position as an emerging logistics and trade hub on the eastern coast.

Highlights of the Agreements:

Strategic Goals Behind the Projects:

Officials & Industry Leaders Present:

Why This Matters for India’s Maritime Sector:

ONE Revises WIN Service Rotation on US East Coast to Boost Efficiency

Ocean Network Express (ONE) has announced a strategic update to its WIN service rotation on the US East Coast. The key change involves shifting the Norfolk port call earlier in the sequence, aiming to enhance port connectivity and improve overall schedule efficiency.

New Rotation to Take Effect:

With the ONE THESEUS V.0092E/W, starting from Hazira on July 26, 2025.
Hazira → Nhava Sheva → Mundra → New York → Savannah → Jacksonville → Charleston → Norfolk → Hazira
Hazira → Nhava Sheva → Mundra → New York → Norfolk → Savannah → Jacksonville → Charleston → Hazira

Why It Matters:

This adjustment is designed to:

Held at Imabari Shipbuilding’s Hiroshima Shipyard (Japan), this marks the sixth vessel in ONE’s 20-ship series of methanol and ammonia-ready containerships, showcasing its commitment to green shipping.
ONE has partnered with Wärtsilä for a Fit4Power conversion package, enabling radical derating to improve fuel efficiency on the vessel ONE Maestro—part of its push towards more sustainable operations.

Quick Highlights:

Adani Ports & JSW to Ink Mega Port Deals with Odisha Government

Two major agreements set to reshape India’s eastern maritime corridor will be signed today, as Adani Ports and Special Economic Zone Ltd (APSEZ) and JSW Utkal Steel Ltd partner with the Odisha government to bolster port infrastructure at Gopalpur and Jatadhar Muhan, respectively.

Adani Ports to Transform Gopalpur into a Mega Port

JSW to Build Captive Jetty at Jatadhar Muhan

Strategic & Economic Impact

These landmark agreements signal a new era of port-led development in Odisha, reinforcing its status as a rising maritime and industrial powerhouse on India’s eastern seaboard.

India Opens Doors to Global EV Giants with New Manufacturing Scheme Portal

In a major push to position India as a global hub for electric vehicle (EV) manufacturing, the Ministry of Heavy Industries (MHI) has officially launched the online application portal for the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI).
Portal Open: Applications accepted from June 24 to October 21, 2025 Scheme originally notified on March 15, 2024, with detailed guidelines released on June 2, 2025

Key Highlights of the SPMEPCI Scheme:

What They’re Saying:

“This scheme is a defining moment for India’s future-ready mobility vision. It perfectly balances high-end EV tech imports with the growth of indigenous capabilities,” — Haradanahalli Devegowda Kumaraswamy, Union Minister of Steel and Heavy Industries

Why It Matters:

India is making a clear statement: it wants to be at the forefront of the global EV revolution. By offering duty concessions tied to strong local investment and manufacturing conditions, the government is inviting top EV brands while nurturing domestic capacity — creating a win-win for both investors and the local economy.

India On Track to Become $5 Trillion Economy by 2027: Piyush Goyal

India is firmly on track to become a $5 trillion economy by 2027, announced Commerce and Industry Minister Piyush Goyal during a webinar hosted by the Merchants’ Chamber of Commerce and Industry (MCCI). He highlighted India’s transformation from a fragile emerging market to one of the world’s top five economies, powered by resilient macroeconomic fundamentals and unified national vision under ‘Viksit Bharat 2047’.

Key Highlights from Goyal’s Address

All pillars of growth — government, industry, and 140 crore citizens — are working in sync to reach the $5T GDP milestone within 3 years.
India’s journey from being one of the “Fragile Five” to a global economic powerhouse is backed by:
India’s economic model focuses on inclusive and sustainable development, built on:
The 124-year-old chamber was praised for bridging policy and industry, helping businesses adapt amid global uncertainties.
“Great economies are not built in calm waters — they’re built in turbulent seas,” said Goyal, reinforcing India’s confidence in navigating global headwinds.

Why This Matters for Logistics, Ports & Freight Forwarding

Rapid GDP growth translates to higher cargo volumes, infrastructure expansion, and multi-modal freight opportunities.
A stronger rupee and improved banking environment create favorable conditions for exporters, logistics financing, and cross-border trade.
Expect significant government investments in:
India’s economic rise isn’t just a headline — it’s a call to action for the logistics and freight sector to scale, digitize, and globalize.

Adani Ports Hits Record 450 MMT Cargo, Positions Itself as India’s Trade Powerhouse

Adani Ports and Special Economic Zone Ltd. (APSEZ) has officially cemented its position as the backbone of India’s trade infrastructure, having handled a record 450 million metric tonnes (MMT) of cargo in FY25. The announcement was made by Chairman Gautam Adani during the company’s Annual General Meeting.
“Adani Ports is the beating heart of India’s trade,” said Adani, unveiling an ambitious vision that extends beyond traditional port operations.

Key Highlights:

APSEZ handled 450 MMT of cargo, the highest ever, making it India’s largest private port operator and a key enabler of global trade.

Moving beyond ports, Adani Ports is evolving into a comprehensive transport utility, integrating marine, trucking, warehousing, and freight forwarding services.
The expansion aligns with PM Modi’s Gati Shakti Mission, aiming to create a unified and efficient national logistics infrastructure.
The company is enhancing support for MSME exporters, critical to India’s manufacturing and export ecosystem, by reducing friction across the logistics chain.
APSEZ has set a bold target of 1 billion tonnes of cargo by FY30, more than double the current capacity.
Strategic investments are underway to scale logistics and marine services, offering end-to-end supply chain solutions for Indian businesses.

Industry Impact:

With this momentum, Adani Ports is not just expanding capacity—it’s redefining India’s logistics landscape, supporting economic growth, boosting exports, and enabling India’s ambition to become a global manufacturing hub.

India’s Economic Momentum Peaks: 14-Month High in June PMI

India’s economic engine accelerated in June, with business activity hitting a 14-month high, led by robust growth in both manufacturing and services, according to HSBC Flash PMI data.
The HSBC Flash Composite Output Index jumped to 61, the highest since April 2024. A reading above 50 signals expansion — and India has now maintained growth momentum for over three years straight.

Key Highlights:

Expert Insight:

“Robust global demand and rising backlogs are prompting manufacturers to hire more aggressively,” said Pranjul Bhandari, Chief India Economist at HSBC.

Logistics Takeaway:

For logistics and freight stakeholders, this sustained momentum — especially in exports and manufacturing activity — signals continued demand for cargo movement, warehousing, and supply chain optimization. The rise in backlogs and hiring suggests possible future pressure on capacity — a key area to monitor.
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