Cargo Talk

India can reach export target of $650 bn: Goyal

-

The Union Minister of Commerce and Industry, Piyush Goyal, said that the export target of US$ 650 billion within the current financial year is achievable. Chairing a review meeting of all major export promotion councils (EPC), Goyal said the $400 billion target of merchandis­e exports is within sight and the services sector should strive for US$ 250 billion in exports, read an official statement. “In December alone, we touched US$ 37 billion in exports despite Omicron fear weighing high. This month, in 15 days till January 15, 2022, we have reached US$ 16 billion,” he said. India recorded the highest-ever monthly merchandis­e exports in December. India’s merchandis­e exports in December 2021 were $37.29 billion, indicating a rise of 37 per cent over US$ 27.22 billion in December 2020 and an increase of 37.55 per cent over US$ 27.11 billion in December 2019.

 ?? ?? Piyush Goyal
Union Minister of Commerce and Industry, Govt. of India
Piyush Goyal Union Minister of Commerce and Industry, Govt. of India

Newspapers in English

Newspapers from India