What will it take to unlock export-led growth for India? | Number Theory

Updated on: Jan 28, 2026 08:53 am IST

These developments raise a larger question about the Indian economy: the importance of exports, both overall and product-specific, for India’s economic growth

Finance Minister Nirmala Sitharaman will present the Union Budget on Sunday. The budget is being presented in the backdrop of headwinds from US’s 50% tariff on Indian exports and promised tailwinds from the Indo-EU Free Trade Agreement. These developments raise a larger question about the Indian economy: the importance of exports, both overall and product-specific, for India’s economic growth. This is best answered by four data points discussed below.

@FinMinIndia
@FinMinIndia
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    ABOUT THE AUTHOR
    Roshan Kishore

    Roshan Kishore is the Data and Political Economy Editor at Hindustan Times. His weekly column for HT Premium Terms of Trade appears every Friday.

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