India’s services exports reached a historic $387.5 billion in 2024-25, boosting total exports and highlighting rising foreign currency inflows amid growing euro-based cross-border activities and remittances.
India’s businesses are handling more foreign money than ever, and the stakes are rising. The Reserve Bank of India said services exports hit a record $387.5 billion in 2024-25, helping total exports reach $824.9 billion. That matters for companies billing Europe, where euros are increasingly central to growth in IT, business services and other cross-border work. Industry reports also point to India receiving about $129 billion in remittances in 2024, underlining the scale of the country’s international payment flows.
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