In a recent address to the nation regarding new GST reforms designed to lower consumer product prices in India, Prime Minister Modi highlighted the widespread use of foreign goods among Indians, often without awareness of their origins. He urged citizens to prioritize purchasing domestically made products, reinforcing the significance of the Swadeshi movement.
Modi stressed the need for consumers to choose items that reflect the hard work of Indian laborers, advocating for every store across the nation to be filled with Swadeshi merchandise.
The Impact of Foreign Goods
#WATCH | Prime Minister Narendra Modi says, "Today, knowingly or unknowingly, many foreign products have become a part of our everyday lives... We should buy products that are Made in India, in which the hard work of our country's youth is invested...We need to make every home a… pic.twitter.com/a6a960kKIE
— ANI (@ANI) September 21, 2025
He elaborated on how international products have infiltrated the Indian market to such an extent that many are carried in our pockets without recognition of their origins.
Economic Growth and Export Data
According to the PIB Data Set published on July 6, 2025, India's economic growth is reflected in its export figures. The total exports, including goods and services, reached USD 824.9 billion in 2024-25, marking a 6.01% increase from USD 778.1 billion in the previous year and a significant rise from USD 466.22 billion in 2013-14.
- India’s Total Exports (Goods + Services):
- USD 824.9 billion in 2024–25
- Increased by 6.01% from USD 778.1 billion in 2023–24
- Up from USD 466.22 billion in 2013–14, indicating a decade of consistent growth
- Services Exports:
- USD 387.5 billion in 2024–25
- Grew by 13.6% from USD 341.1 billion in 2023–24
- In 2013–14, services exports were USD 152 billion
- Growth driven by sectors like IT, consulting, finance, and digital technologies
- Merchandise Exports (Excluding Petroleum Products):
- USD 374.1 billion in 2024–25
- Increased by 6.0% from USD 352.9 billion in 2023–24
- Highest ever non-petroleum merchandise export figure
- In 2013–14, non-petroleum merchandise exports were USD 314 billion
- Growth sectors include machinery, chemicals, electronics, and defence equipment
- Manufacturing Sector Growth (GVA at Constant Prices):
- GVA rose from ₹15.6 lakh crore in 2013–14 to ₹27.5 lakh crore in 2023–24
- Sector’s share in the economy remained stable at ~17.3%
- Output nearly doubled over the decade, indicating an expanding manufacturing base
A report released in August confirmed that India's total exports reached a record USD 824.9 billion in 2024-25, reflecting a 6.01% growth from the previous year and a significant increase from USD 466.22 billion in 2013-14. Services exports were pivotal, rising to USD 387.5 billion—a 13.6% increase—driven by sectors such as IT, consulting, finance, and digital technology. Non-petroleum merchandise exports also achieved an all-time high at USD 374.1 billion, with substantial contributions from machinery, chemicals, electronics, and defence equipment. Additionally, India's manufacturing GVA nearly doubled from ₹15.6 lakh crore in 2013-14 to ₹27.5 lakh crore in 2023-24, maintaining a steady share of 17.3% in the economy.
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