India's exports may throw up a conservative figure of $250-260 billion for last financial year due to global demand slowdown, a government official said.
Merchandise exports had totalled $310.5 billion in 2014-15.
Scenario may improve this year due to gradual "hardening" of commodity and oil prices, the official said.
He added that "the measures announced by the government would show a positive impact on exports from this year".
Last year, government announced enhanced duty drawbacks under the Merchandise Exports from India Scheme and 3 per cent interest subsidy scheme.
In 2008-09, country's out-bound shipments were below $270 billion — around $210 billion, to be precise — said exporters body Federation of Indian Export Organizations (FIEO).
Exports tumbled 5.66 per cent in February to $20.73 billion.
For April-February 2016, cumulative exports fall 16.73 per cent to $238.41 billion as against $286.3 billion in April-February of 2014-15.