Exports India to attain target of US$650bn
India eye on merchandise exports target of US$400 bn & t he Services sector for US$250 bn exports! The Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal said it is possible to achieve exports of USD 650 billion within the current financial year. Chairing a Review Meeting of all major Export Promotion Councils (EPCs), Goyal said the $400 bn target of Merchandise exports is within sight and the Services sector should strive for $250 bn exports. Expressing his satisfaction that India achieved $300 bn merchandise exports in the first nine months of the current FY (April-Dec, 2022), Goyal assured the EPCs that his Ministry will do whatever it takes in handholding the EPCs and resolving their issues to attain even higher export targets in the next FY. Goyal said we can set a much higher goods exports target in the current last quarter of this FY. “In December alone we touched $37 bn goods exports despite the Omicron fear ...