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AnalysisICRIERFriday, 11 September 2026NEW

Why India should keep diversifying its trade

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Research or analytical publication — an evidence-based assessment informing policy design and evaluation. Shapes the intellectual framework within which policy debates occur.

Key Facts

TypeAnalysis
SourceICRIER
PublishedFriday, 11 September 2026
Affected Population63 million MSMEs, export-import community

Key Numbers

Merchandise exports: $437 billion (2024-25)
FDI inflow: $71 billion (2024-25)
PLI scheme: Rs 1.97 lakh crore across 14 sectors

Key Authorities

Ministry of Commerce & IndustryDPIITDGFT

Key Stakeholders

ExportersImportersMSMEs

Government Context

NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight

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