NEW DELHI, July 15 Reuters India39;s goods and services exports likely rose 5.4 yearonyear to 65.47 billion in June, driven by a pickup in orders that could push total exports to 800 billion in the current fiscal year ending in March 2025, the trade secretary said on Monday.

Merchandise imports in Asia39;s thirdlargest economy rose 5 to 56.18 billion in the same month, reflecting a pickup in domestic demand for industrial machinery and gold imports.

Merchandise exports were up 2.6 on year to 35.2 billion in June.

The goods trade deficit narrowed to 20.98 billion in June from 23.78 billion in May. Analysts had expected a deficit of 21.5 billion, according to a Reuters poll.

Indias total exports in the first quarter of 202425 have crossed 200 billion and, if this trend continues, we hope this fiscal years exports cross 800 billion, said Trade Secretary Sunil Barthwal, releasing the monthly trade figures.

He said growth in merchandise exports was driven by engineering, electronic goods and pharmaceuticals, and that the AprilJune quarter posted a record high in exports.

India39;s goods and services exports rose to 778.2 billion in fiscal 2024, and the government expects total exports could touch 1 trillion by 2030.

The government also estimated services exports in June at 30.27 billion and imports at 17.29 billion, compared with 29.76 billion and 16.74 billion in May.

India39;s central bank releases the services trade figures after a onemonth lag, while the commerce…