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India's exports rise to record high of 778.21 billion USD in FY 2023-24

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STORY: India's exports rise to record high of 778.21 billion USD in FY 2023-24 
SHOOTING TIME: Feb. 1, 2025 
DATELINE: Feb. 2, 2025
LENGTH: 00:02:01
LOCATION: New Delhi 
CATEGORY: ECONOMY

SHOTLIST:
1. shot of India gate
2. various of parliament building
3. various of pharmaceutical manufacturing unit
4. various of pharmaceutical store
5. various of engineering goods in wheel factory
6. various of FIEO (Federation of Indian Export Organizations) building

STORYLINE:

The Indian government on Saturday said the country's exports have seen a historic rise by reaching 778.21 billion U.S. dollars in Fiscal Year 2023-24 (April to March).

According to the federal ministry of commerce and industry, this marks a 67 percent increase from 466.22 billion dollars in FY 2013-14.

The ministry said key sectors that played a vital role in this surge include electronics, pharmaceuticals, engineering goods, iron ore, and textiles.

"The momentum has continued into FY 2024-25, with cumulative exports during April-December 2024 estimated at 602.64 billion dollars, a 6.03 percent increase from 568.36 billion dollars in the same period of 2023," the ministry said.

Xinhua News Agency correspondents reporting from New Delhi.
(XHTV)

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