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India's export sector is a significant contributor to the country's economy. In 2024, India achieved a significant milestone, surpassing $400 billion in goods exports. The government is aiming for even more, with a target of $450 billion in exports for FY 2025, despite some challenges in the global economy.

For small and medium-sized enterprises (SMEs) in India, the export market presents significant potential, but it also poses challenges. Understanding which industries are performing well in exports can help SMEs identify opportunities, expand their market reach, and enhance their operations.

This blog will explore the top 50 export companies in India in 2025, providing valuable insights into the sectors driving India’s export growth. It will also examine how these industries are shaping the global trade space.

TL;DR

  • India’s Export Growth: In FY 2024–25, India's total exports reached $824.9 billion, with major sectors like engineering goods, pharmaceuticals, and electronics driving the growth.
  • Top 10 Export Sectors: Engineering goods, services, pharmaceuticals, and electronic goods are among the fastest-growing export sectors, with a focus on innovation and diversification.
  • Key Export Destinations: The United States, UAE, and China remain top trading partners, though geopolitical shifts affect trade flows.
  • Challenges in Global Exports: Companies face challenges like regulatory compliance, currency risk, and supply chain management, which they tackle through technology, diversification, and government collaboration.

Snapshot of India’s Export Economy in 2025

India's export sector achieved a record-breaking milestone in FY 2024–25, with total exports reaching $824.9 billion, marking a 6.01% increase from the previous fiscal year. The export sector includes a diverse mix of merchandise and services, contributing significantly to the country’s economic stability. 

Below is a snapshot of India's export performance, highlighting top sectors, trade statistics, and key export destinations.

1. Total Exports and Growth Stats

Category

Value

Total Exports

$820.93 billion (Merchandise: $437.42 billion, Services: $383.51 billion)

Year-on-Year Growth

+5.5% from FY 2023–24

Trade Deficit

$94.26 billion

2. Top Export Sectors by Value

Below is an overview of the top export sectors during this period:

Export Business

Export Value ($ Billion)

Growth (%)

Key Products/Sectors

Engineering Goods

116.67

6.74%

Machinery, mechanical appliances, and electrical equipment

Services

387.50

13.6%

Telecommunications, computer services, transport, and financial services

Pharmaceuticals

30.47

9.39%

Generic medicines, vaccines

Electronic Goods

38.58

32.47%

Mobile phones, semiconductors, and consumer electronics

Agricultural Products

48.00

Diversification led to growth

Fruits, vegetables, processed foods

Textiles and Apparel

15.99

10.03%

Ready-made garments, fabrics, and home textiles

Gems and Jewelry

20.40

Continued strong demand

Diamonds, gold jewelry

Automobiles

6.68

Increased shipments

Passenger vehicles, two-wheelers

Chemicals

30

Steady demand

Organic chemicals, petrochemicals

Seafood

7.38

67.75% increase since FY 2013-14

Shrimp, fish, andother seafood

3. Key Export Destinations

Country

Export Value

United States

$41.8B

United Arab Emirates

$38.58B

China

$164.8M(21.7% decline in April 2025)

4. Export Trends

Trend Type

Details

Fastest Growth

Electronic Goods (+32.47%)

Steady Performers

Engineering Goods, Pharmaceuticals

Emerging Sectors

Agricultural Products, Textiles

How to Start an Export Business in India

Starting an export business can be a great opportunity, but it requires careful planning and execution. Here are the key steps to help simplify the process of starting an export business in India, with a focus on actionable steps for SMEs.

1. Choose Your Products and Markets

India is known for exporting textiles, agricultural products, pharmaceuticals, engineering goods, and electronics. Research which products have high demand in international markets like the U.S., Europe, and the Middle East.

2. Register Your Business

Decide on a business structure (sole proprietorship, partnership, or private limited) and register it. Obtain a Permanent Account Number (PAN) for tax purposes.

3. Open a Current Account

Open a current bank account to handle all export transactions. Many Indian banks offer services for exporters, such as foreign exchange management.

4. Obtain an Importer Exporter Code (IEC)

Apply for an IEC from the Directorate General of Foreign Trade (DGFT), which is mandatory for all exporters in India.

5. Obtain Registration Cum Membership Certificate (RCMC)

Get an RCMC from the relevant export promotion council, such as the Apparel Export Promotion Council (AEPC) for textiles, to access government benefits.

6. Identify and Contact Buyers

Use platforms like IndiaMART, Alibaba, and TradeIndia to connect with global buyers. Participating in trade fairs such as the India International Trade Fair (IITF) can help build connections.

7. Set Pricing and Prepare Documents

Set competitive prices considering production costs and duties. Ensure you have essential documents like commercial invoices, packing lists, and shipping bills. Also, ensure compliance with GST regulations for exports.

8. Coordinate Shipping and Payment

Work with reliable logistics companies that specialize in international shipping. India has several ports like Jawaharlal Nehru Port in Mumbai, Kolkata Port, and Chennai Port that handle a large volume of exports. 

Make sure you have secure payment terms with your buyers. Common payment methods for Indian exporters include Letter of Credit (LC), Telegraphic Transfer (T/T), and Advance Payment.

Managing cross-border payments and ensuring compliance with global shipping regulations can be overwhelming. Pazago simplifies this process by handling currency conversions, ensuring timely payments, and keeping you compliant with international trade laws. 

Essential Documents for Export

To ensure smooth export operations, you will need the following documents:

  • Bill of Lading/Airway Bill: Proof of shipment is required for clearing customs.
  • Commercial Invoice/Packing List: Detailed description of goods being shipped.
  • Shipping Bill: A document for customs clearance.
  • Terminal Handling Receipt: A receipt for handling cargo at ports.
  • Import Export Code (IEC): Mandatory for all exporters.
  • Certificate of Inspection (if required): Ensures that the goods meet certain standards before shipping.

By following these steps and ensuring you have the necessary documentation, you’ll be well-equipped to launch and manage your export business.  Let’s now explore the top 50 export companies in India.

Also Read: Understanding Differences and Costs in Shipping and Handling

Top 50 Export Companies in India for 2025

India is a powerhouse in global trade, with numerous export companies driving the country’s economic growth and international presence. These companies span diverse industries, from technology and pharmaceuticals to steel and textiles, each playing a pivotal role in expanding India’s footprint across global markets. 

Below are the Top 50 Export companies in India for 2025.

Company Name

Industry

Reliance Industries Limited (RIL)

Petrochemicals, Refining, Oil & Gas, Textiles, Retail, Telecommunications

Tata Group

Diversified Conglomerate (Automotive, Steel, IT Services, Chemicals, Consumer Goods)

Sun Pharmaceutical Industries

Pharmaceuticals

JSW Steel

Steel and Metals

Adani Wilmar Limited

Edible Oils, Packaged Foods, Agribusiness

Bharat Forge Limited

Automotive Components, Industrial Forging

Mahindra & Mahindra Limited

Automotive, Farm Equipment

Kiran Gems Private Limited

Retail Luxury Goods and Jewelry (Polished Diamonds, Certified Diamonds)

Vardhman Textiles Limited

Textile Manufacturing

Oil and Natural Gas Corporation (ONGC)

Petroleum, Oil, Gas, Refineries

Hindalco Industries

Aluminum & Metals

Indian Oil Corporation Ltd.

Petroleum Products

Coal India Ltd.

Mining (Coal)

Steel Authority of India Ltd.

Steel

Vedanta Limited

Metals & Mining

Hero MotoCorp

Automotive (Motorcycles & Scooters)

Bajaj Auto Ltd.

Automotive (Motorcycles & Vehicles)

TVS Motor Company

Automotive (Motorcycles & Scooters)

Wipro Ltd.

IT Services, Consulting, Software

Infosys Ltd.

IT Services, Consulting, Software

Larsen & Toubro Ltd.

Engineering, Construction, Infrastructure

HCL Technologies Ltd.

IT Services, Software

Cipla Ltd.

Pharmaceuticals

Dr. Reddy's Laboratories Ltd.

Pharmaceuticals

Biocon Ltd.

Biotechnology, Pharmaceuticals

ITC Ltd.

FMCG, Hotels, Paperboards, Packaging

Maruti Suzuki India Ltd.

Automotive (Passenger Vehicles)

Godrej Consumer Products Ltd.

FMCG (Personal Care, Household Products)

Bharti Airtel Ltd.

Telecommunications

HDFC Bank Ltd.

Banking and Financial Services

ICICI Bank Ltd.

Banking and Financial Services

Axis Bank Ltd.

Banking and Financial Services

Britannia Industries Ltd.

Food Products (Baked Goods, Dairy)

Emami Ltd.

FMCG (Personal Care, Healthcare)

Asian Paints Ltd.

Paints and Coatings

Grasim Industries Ltd.

Textiles, Cement, Chemicals

NTPC Ltd.

Power Generation

Tata Consultancy Services Ltd.

IT Services, Consulting

Tech Mahindra Ltd.

IT Services, Consulting

Mahindra Reva

Electric Vehicles

Jindal Steel & Power Ltd.

Steel, Energy

Shree Cement Ltd.

Cement, Construction Materials

Motherson Sumi Systems Ltd.

Automotive (Components, Wiring)

Kansai Nerolac Paints Ltd.

Paints and Coatings

Pidilite Industries Ltd.

Adhesives, Industrial Chemicals

UltraTech Cement Ltd.

Cement, Construction Materials

Tata Global Beverages Ltd.

Beverages, Food Products

Zydus Cadila

Pharmaceuticals

Aurobindo Pharma Ltd.

Pharmaceuticals

Amul (GCMMF)

Dairy Products

 

Now let's look at the detailed overview of these top 10 companies out of the top 50 export company in India.

1. Reliance Industries Limited (RIL)

Reliance Industries Limited (RIL) is India's largest private-sector company by revenue and market capitalization. Established in 1958 by Dhirubhai Ambani, RIL began as a small trading firm and has since diversified into various sectors, including petrochemicals, refining, oil & gas, textiles, retail, and telecommunications. The company operates the world's largest refining complex in Jamnagar, Gujarat, which plays a crucial role in its export activities.

Industry: Petrochemicals, Refining, Oil & Gas, Textiles, Retail, Telecommunications
Sub-Industries: Industrial Chemicals, Plastics, Rubber, Polyester, Garments, Digital Services, Financial Services
Company Type: India's Top 500
Founding Year: 1958

In FY 2024–25, RIL's export revenue from the Oil-to-Chemicals (O2C) segment was ₹73,749 crore, marking a 2.2% year-on-year growth.

2. Tata Group

The Tata Group is one of India's oldest and largest conglomerates, with operations spanning over 100 countries across six continents. Founded by Jamsetji Tata in 1868, the group comprises nearly 100 operating companies, including Tata Motors, Tata Steel, and Tata Consultancy Services (TCS). Tata Group's subsidiaries are major exporters in their respective sectors.

Industry: Diversified Conglomerate

Sub-Industries: Automotive, Steel, IT Services, Chemicals, Consumer Goods

Company Type: India's Top 500

Location: Mumbai, Maharashtra

Founding Year: 1868

Export Highlights:

  • Tata Motors: Exports vehicles to over 100 countries, including the UK, South Africa, and several ASEAN nations.
  • Tata Steel: One of the world's top steel producers, with a significant portion of its production exported to Europe, the Middle East, and Southeast Asia.
  • TCS: A global IT services and consulting company with a substantial portion of its revenue derived from the international market.

3. Sun Pharmaceutical Industries

Sun Pharmaceutical Industries is India's largest pharmaceutical company and a leading global player in the generic drugs market. Founded in 1983 by Dilip Shanghvi, the company has expanded its operations to over 100 countries. Sun Pharma specializes in the development, manufacturing, and marketing of generic and speciality medicines.

Industry: Pharmaceuticals
Sub-Industries: Generic Drugs, Active Pharmaceutical Ingredients (APIs), Over-the-Counter (OTC) Products
Company Type: India's Top 500
Location: Mumbai, Maharashtra
Founding Year: 1983

Export Highlights:

  • Global Reach: Sun Pharma exports its products to more than 100 countries, including the United States, Canada, and several European nations.

4. JSW Steel

JSW Steel, founded in 1982 and headquartered in Mumbai, is one of India’s leading steel producers and exporters. The company plays a significant role in supplying high-quality steel products to global markets, supporting industries such as construction, automotive, and manufacturing.

Industry: Steel and Metals

Sub-Industries: Steel Production, Heavy Metal Manufacturing

Company Type: India’s Top 500

Location: Mumbai, Maharashtra

Founding Year: 1982

Export Highlights:

  • Global Reach: Supplies steel products to markets in North America, Europe, and the Middle East.
  • Products: Steel products for automotive, construction, and heavy machinery.

5. Adani Wilmar Limited

Adani Wilmar Limited, founded in 1999 and headquartered in Ahmedabad, Gujarat, is a leading exporter and manufacturer of edible oils and packaged food products. The company has rapidly expanded its global footprint, exporting to several countries across Asia, Africa, and the Middle East.

Industry: Edible Oils, Packaged Foods, Agribusiness

Sub-Industries: Edible Oils, Food Products, Agribusiness

Company Type: India’s Top 500

Location: Ahmedabad, Gujarat

Founding Year: 1999

Export Highlights:

  • Global Reach: Exports to countries in Asia, Africa, and the Middle East.
  • Key Products: Edible oils, packaged food products, and agricultural products.

6. Bharat Forge Limited

Bharat Forge Limited, founded in 1961 and headquartered in Pune, Maharashtra, is one of India’s leading exporters of automotive components and industrial forged products. The company serves global original equipment manufacturers (OEMs) across the automotive, aerospace, and energy sectors.

Industry: Automotive Components, Industrial Forging
Sub-Industries: Automotive, Aerospace, Energy
Company Type: India’s Top 500
Location: Pune, Maharashtra
Founding Year: 1961

Export Highlights:

  • Global Reach: Exports automotive and industrial products to Europe, North America, and Asia.
  • Key Products: Automotive components, aerospace parts, and industrial forgings.

7. Mahindra & Mahindra Limited

Mahindra & Mahindra Limited, founded in 1945 and headquartered in Mumbai, Maharashtra, is a major player in the automotive and farm equipment sectors. The company exports a wide range of vehicles and agricultural machinery to various international markets.

Industry: Automotive, Farm Equipment

Sub-Industries: Tractors, SUVs, Commercial Vehicles

Company Type: India’s Top 500

Location: Mumbai, Maharashtra

Founding Year: 1945

Export Highlights:

  • Global Reach: Exports to over 100 countries, particularly in Africa, Latin America, and Southeast Asia.
  • Key Products: SUVs, tractors, and commercial vehicles.

8. Kiran Gems Private Limited

Kiran Gems Private Limited, founded in 1985 and headquartered in Mumbai, Maharashtra, is the world’s largest manufacturer of ethically sourced natural polished diamonds and India’s premier diamantaire. The company is renowned for its scale of operations, product quality, precision, and technological integration in diamond manufacturing and exports.

Industry: Retail Luxury Goods and Jewelry

Sub-Industries: Polished Diamonds, Certified Diamonds

Company Type: India’s Top 500

Location: Mumbai, Maharashtra

Founding Year: 1985

Export Highlights:

  • Natural Polished Diamond Manufacturing: Produces over 1.6 million carats annually, including rounds and fancy shapes in various colors, clarities, and sizes up to 3 carats.
  • Diamond Export: Exports a wide range of polished diamonds to global markets, serving leading jewelry brands and retailers worldwide.
  • Ethical Sourcing: Works closely with top mining companies like De Beers and Alrosa to ensure ethically sourced diamonds.

9. Vardhman Textiles Limited

Vardhman Textiles Limited, founded in 1965 and headquartered in Ludhiana, Punjab, is one of India’s largest vertically integrated textile manufacturers. The company produces a wide range of textile products, including cotton yarn, synthetic yarn, and woven fabrics, serving major retailers across the USA, Europe, Asia, and other emerging markets.

Industry: Textile Manufacturing

Sub-Industries: Cotton Yarn, Synthetic Yarn, Woven Fabrics

Company Type: India’s Top 500

Location: Ludhiana, Punjab

Founding Year: 1965

Export Highlights:

  • Global Reach: Exports to the U.S., Europe, and other emerging markets.
  • Key Products: Cotton yarn, synthetic yarn, and woven fabrics.

10. Oil and Natural Gas Corporation (ONGC)

Oil and Natural Gas Corporation (ONGC) is India’s largest exploration and production company, headquartered in New Delhi. Established in 1956, ONGC has become a leader in the energy sector, involved in the exploration, production, refining, and marketing of oil and gas. 

The company operates domestically and internationally through its subsidiary ONGC Videsh (OVL), which is involved in oil and gas exploration projects across the globe. ONGC's expertise extends into petrochemicals and power generation, and it is one of the largest producers of natural gas in India.

Industry: Petroleum, Oil, Gas, Refineries

Sub-Industries: Exploration, Production, Storage, Distribution, Marketing

Company Type: India’s Top 500

Location: New Delhi, Delhi

Founding Year: 1956

Export Highlights:

  • Global Reach: ONGC Videsh operates in several countries across Latin America, the Middle East, Africa, Asia-Pacific, and Europe, contributing significantly to India’s oil and gas exports.
  • Key Products: Crude oil, natural gas, and petroleum products.
  • International Expansion: ONGC has expanded its footprint internationally through acquisitions and joint ventures, positioning itself as a global player in the oil and gas industry.

With a clear picture of India's top exporters, let's now explore how these companies overcome challenges to succeed in global exports.

Also Read: Marine Insurance and Claim Declaration Form

How These Companies Overcome Export Challenges

Exporting globally involves managing a range of challenges, from regulatory hurdles to market uncertainties. India’s top export companies employ several key strategies to overcome these obstacles and maintain their competitive edge successfully.

1. Compliance Frameworks

Companies ensure strict adherence to international regulations, certifications, and quality standards, reducing the risks of shipment delays and legal issues. To stay ahead, they regularly update their compliance knowledge and invest in ongoing training.

2. Advanced Supply Chain Management

By using advanced technologies like AI, IoT, and blockchain, companies achieve real-time shipment tracking and inventory optimization. This enhances transparency and operational efficiency. To improve, companies implement supply chain visibility tools to identify and resolve challenges early.

3. Diversification of Markets

Expanding into multiple regions reduces dependence on any single market, helping mitigate risks from geopolitical issues and trade policy changes. Companies regularly conduct market research to find emerging markets with high growth potential and low entry barriers.

4. Currency Risk Mitigation

To manage foreign exchange volatility, companies use financial instruments like hedging and forward contracts. They work closely with financial advisors to develop tailored currency risk management plans to protect their revenues.

5. Sustainability and Ethical Practices

Companies adopt eco-friendly manufacturing processes and ethical sourcing to meet the growing expectations of global buyers. Obtaining sustainability certifications (e.g., ISO 14001) helps build trust and opens access to premium markets.

6. Innovation and Product Differentiation

Continuous investment in R&D helps companies develop unique, high-quality products, maintaining their competitive edge. Companies foster a culture of innovation by encouraging employee ideas and investing in new technologies.

7. Strong Government Collaboration

Active participation in export promotion councils and government schemes like the Production Linked Incentive (PLI) program and export subsidies provides companies with valuable policy support. They capitalize on these opportunities to facilitate better trade and drive growth.

Exporting globally involves managing various challenges, from regulatory hurdles to market uncertainties. This is where Pazago comes in, offering a comprehensive suite of services designed to address these very challenges. With Pazago, exporters can streamline their processes, reduce operational risks, and enhance efficiency.

Streamline Your Export Operations with Pazago

Pazago provides the perfect solutions for overcoming common export challenges. From real-time tracking to simplified payments, Pazago helps streamline operations, enhance efficiency, and ensure compliance, making global trade smoother and more manageable for exporters.

Here’s how Pazago can help you.

  1. Real-Time Tracking: Know where your shipments are at all times. Pazago offers live tracking and centralized visibility, helping you monitor delays, update customers, and stay in control.
  2. Centralized Documentation: Avoid delays caused by missing paperwork. Pazago stores all shipping documents in one place to reduce errors and simplify compliance.
  3. Risk Management: Shipments face risks in transit. Pazago provides built-in insurance options and an easy claims process to protect your cargo and reduce losses.
  4. Smooth Communication: Pazago connects your team, carriers, and partners with real-time messaging tools so everyone stays informed and aligned.
  5. Quality Checks: Ensure your products meet standards before shipping. Pazago digitizes inspection workflows to help you avoid rejections or disputes.
  6. Simplified Payments and Compliance: Pazago streamlines cross-border payments, handles currency conversion, and helps you stay compliant with global shipping regulations.

Conclusion

Exporting can be complex, but with the right strategies and tools, success is within reach. The top Indian export companies prove that overcoming challenges, whether it’s compliance, logistics, or market risks, is all about smart planning, innovation, and staying connected with global trends.

Just like top export companies do, you can streamline your export operations by adapting technology, diversifying markets, and working closely with government programs. When you’re ready to take your export game to the next level, platforms like Pazago make managing shipments, documentation, and communications simpler than ever.

Ready to simplify your export journey and grow your business globally? Start with Pazago’s smart solutions, stay agile, and watch your international trade thrive.

Optimize your business: use unlimited savings with Pazago fulfilled now!

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