Record $38.51B Exports Propel India’s December Trade

India’s trade sector notched a victory in December with exports rocketing to $38.51 billion, a beacon of hope in turbulent times. This upswing defies freight cost spikes and global uncertainties. Month-on-month, exports rose 5.4%, keeping the government on track for record annual figures. Petro-products dominated at $8.9 billion, but high-tech sectors like telecom instruments and pharma showed breakout potential. Export promotion councils credit digital platforms and PLI schemes for scaling MSME participation, which now accounts for 45% of total exports. December’s triumph reaffirms India’s economic story of trade scripting the nation’s ascent.