Indian Economy News

It is possible to achieve a trillion dollars each of services and merchandise exports by 2030 - Shri Piyush Goyal

While delivering the keynote address at the 94th annual convention of the Federation of Indian Chambers of Commerce and Industry (FICCI) in New Delhi, Mr. Pawan Goyal, Minister of Commerce and Industry, stated –

  • Indian Industry should set ambitious targets aiming for transformative changes by 2047.
  • Industry Industry recovered quite well from the pandemic and is set to grow faster. He also mentioned that achieving US$ 400 billion worth of merchandise export could become a reality.
  • The government and Industry together can achieve several missions and help India reach US$ 1 trillion in terms of services and merchandise exports by 2030.
  • To improve the ease of doing business and living, he further mentioned that 22,000 compliances were reduced or eliminated in a year.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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