India strengthens economic ties with G7: Boost in high-tech, pharma...

added a post in Business

2025-06-19 09:48:09 -

India strengthens economic ties with G7: Boost in high-tech, pharma exports; Canada is only exception

India's trade with the G7 nations has experienced substantial growth, reaching $248 billion in FY25 with a 13% CAGR since FY21. Exports to the G7 hit $138 billion, while imports totaled $110 billion. India maintains a $28 billion trade surplus, driven by key sectors like telecom equipment and pharmaceuticals, with mobile phone exports surging by 55%.

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