In order to sustain the export momentum, the focus should be on diversification towards higher-value, more sophisticated products and new destinations. Targeted industrial policies, technological improvements, and export-driven ecosystems can yield significant benefits, according to the Economic Survey 2025-2026. The Trade Policy Uncertainty Index and the Global Economic Policy Uncertainty Index peaked in April 2025, driven by the weakening of regional and multilateral trade agreements that had previously provided stability, countries’ pursuit of sovereign interests through industrial policies, and intensifying competition for rare earth minerals. Merchandise exports registered 2.4% growth (YoY), while non-petroleum, non-gems and jewellery exports increased by 6 %. An expanding network of Free Trade Agreements supports India’s trade strategy by offering reliable market access amid global uncertainty.