India Emerging As Preferred Global Trade Partner, Exports To Reach $1 Trillion

Mint · business

Commerce Minister Piyush Goyal stated that India is becoming a preferred global trade partner, with many countries seeking trade agreements. He expressed confidence that India's exports will reach $1 trillion this financial year, building on last year's record $863 billion. Goyal highlighted that exports have already grown 14% in the first six months to $480 billion, indicating the ambitious target is achievable. He also noted India's significant economic progress, moving from a 'fragile five' economy to a leading and fast-growing one.