ASSOCHAM’s FY25 survey shows cautious optimism amid rising costs and regulatory challenges, with export potential for large firms and digital transformation opportunities.

• 54% of large firms export, 76% of small firms don’t, highlighting the need for policy support.
• 47% report rising costs; PLI scheme appreciated, but access is uneven, and favors larger firms.
• Regional export ecosystems vary; states like Maharashtra lead, others need tailored strategies.