Indian goods, services exports may reach $750 billion this fiscal year, says Piyush Goyal

New Delhi (India), 5th March 2023: The Union Commerce Minister, Piyush Goyal was optimistic about India’s goods and services exports and said that it might cross the $750 billion record mark this Fiscal year which is set to end on March 31st.

India had already touched $676 billion last fiscal year (2021-2022) and despite the international volatility of the economy India is going strong and will achieve if not cross their target.

The minister said on Saturday while speaking at the Raisina Dialogue 2023 ,“Last year was, of course, a record. We crossed $650 billion (of exports) in goods and services. This year, we aim for an even bigger record.”

Piyush Goyal further said that they have already crossed last year’s numbers and are looking at the new target of $750 billion. He said that all of this could only be accomplished through proper planning, stating, “It was an effort to a plan. It was not that it happened on its own. Again, very deep dive analysis was done on our strength areas — the markets where we could look at for expanding our exports, the products. Huge efforts to involve states and people and businesses at the district level.”