FY2025-26 Sector Verdict Re-run · Trade Impact Dashboard · India Trade — Sector & Policy Recommendations
Data refreshed 19 Jul 2026 · FDI: DPIIT Newsletter XXXIV-4 · Trade: TRADESTAT FY2025-26, 5-yr growth
Verdict
Flow
FDI equity inflow FY25-26$58.8bn▲ 18% vs FY24-25
Imports FY25-26$776.0bn▲ 26.6% over 5 yrs
Exports FY25-26$441.7bn▲ 4.7% over 5 yrs
Trade deficit−$334bnimports grew 5.7× faster
Verdict mix (re-run)1·6·3green · amber · red — was 2·5·3

Sector verdicts, re-run on FY2025-26 FDI

Both former greens fell to amber; Pharma took the green slot. Same criteria as the original scorecard — the moves are data-driven, not re-scored. Filter with the Verdict slicer above.
SectorFY24-25 FDI ($M)FY25-26 FDI ($M)ΔVerdictWhy it moved (or didn't)

Growth rate vs. volume — imports & exports by HS chapter

x: FY2025-26 value, US$bn (log scale) · y: 5-year growth % · HS85-exports (+324%) plotted at the axis cap, labeled. Reference line: all-imports 5-yr growth (+26.6%). Hover any point.
Imports (12 chapters) Exports (7 chapters)

Chapter table — $bn, growth, scheme coverage

Toggled by the Flow slicer. Coverage: strong / partial / gap = production-incentive scheme status; mismatch = scheme exists but structurally excludes the chapter.

The honest reading — is import substitution working?

Final recommendation — action items to further reduce the trade deficit

Import reduction and export growth, backed by schemes and incentives, is showing real progress on the export side — these are the moves that extend it to the import side.
Verdicts are this repo's stated judgment re-applied with the original scorecard's criteria; FY25-26 FDI figures are raw DPIIT proxy categories (Newsletter Vol. XXXIV No.4, Table 12, layout-preserving extraction); trade growth is 5-year (FY2020-21 base) from this repo's TRADESTAT bulletins; Aircraft/Chemicals/Plastics have no clean FY-on-FY FDI comparison (proxy too coarse) and Textiles has no FDI proxy at all — marked n/a rather than estimated. Underlying data: data/fy26_verdict_rerun_2026-07-19.json · Prior verdicts: master scorecard · Scheme detail: policy & investment dashboard