India’s Annual Exports Crossed 750 Billion USD: Minister

India’s Annual Exports Crossed 750 Billion USD: Minister

NEW DELHI, Mar 29 (NNN-PTI) – India’s overall exports, including services and merchandise, crossed the all-time high of 750 billion U.S. dollars, during the current financial year 2022-23 (Apr 2022-Mar 2023), said federal Commerce and Industry Minister, Piyush Goyal, yesterday.

According to the minister, India’s overall exports have grown by nearly 250 billion dollars, during the past three years.

“The exports have risen from 500 billion dollars in 2020-2021, to this figure in extremely challenging times,” Goyal said, at the annual session of the Associated Chambers of Commerce and Industry of India.

The exact figures of India’s exports and imports during the current financial year are expected to be released at the financial year’s conclusion, later this week.

The commerce minister also said that, over the last nine years the Indian government had been focused on building foundation blocks for uninterrupted and sustainable economic growth.

India aims to become a self-reliant nation, and “making India self-reliant is not about closing doors but about opening them wider,” he added.– NNN-PTI  

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