- Merchandise exports are a crucial part of Telangana’s economy, contributing significantly to the state’s revenue and economic growth. The state’s diverse industrial base, particularly in pharmaceuticals, chemicals, and advanced manufacturing, drives its export performance.
Key Data on Merchandise Exports (2023-24):
Total Merchandise Exports:
- Telangana’s merchandise exports totaled Rs. 1,16,182 crore in the fiscal year 2023-24.
Pharmaceutical Products:
- Leading the export commodities, pharmaceutical products alone contributed 32%, equivalent to Rs. 36,893 crore.
- This sector’s substantial share underscores its pivotal role in the state’s export profile.