Vice Chairman of NITI Aayog Suman Bery today said that as global trade is shifting, India’s ability to diversify its export base as well as strengthen domestic capabilities in key sectors will be critical to sustain growth and enhance resilience. He made this remark while releasing the seventh edition of Trade Watch Quarterly report in New Delhi.
He emphasised that in sectors like gems and jewellery, it is important to adapt to changing global demand, increase value addition, and address structural challenges to remain competitive. The report informed that India’s trade performance in the third Quarter of the Financial Year 2025-26 reflected a mixed but resilient trend, with merchandise exports registering growth of 1.6 Percent. It added that import rose at a faster pace of 7.9 Percent.
Meanwhile, services exports increased by 7.8 per cent, with relatively moderate growth in services imports. The report also provides a comprehensive assessment of global and domestic trade trends, at a time when global trade has demonstrated resilience despite persistent macroeconomic and geopolitical uncertainties.
The thematic section of this quarter’s edition focuses on the nation’s gems and jewellery sector, examining global demand dynamics, India’s export profile, emerging segments such as lab-grown diamonds, and it’s positioning within global value chains.
