Exports diversification drive adds $202 million to kitty in FY26

New Delhi: Ships, boats, telecom instruments, pulses, marine products, graphite and explosives drove India's export diversification strategy last fiscal year, with new product and country combinations generating new exports worth $202.2 million.

As per an analysis done by the commerce department, India's export diversification in FY26 was marked by a significant widening of its product-market footprint, with Indian exporters penetrating 1,821 new principal commodity product and country combinations.

Ships, boats and floating structures generated $57 million of additional exports from 19 new markets, while telecom instruments expanded into 20 new markets with exports of $5.8 million and nuclear reactors, industrial boilers and parts garnered $14.3 million from 13 new markets.

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