Brief by Shorts91 Newsdesk / 12:15pm on 23 Nov 2023,Thursday Business
India's exports, marked by exceptional resilience, are on an upward trajectory, aiming to achieve a USD 2 trillion goal by 2030, according to a report by the PHD Chamber of Commerce and Industry. The research highlights India's exports as the most resilient among the top 20 global exporters, with growth rates of 20% in 2021 and 9.7% in 2022. The recently launched Foreign Trade Policy 2023 focuses on enhancing competitiveness and fostering a move towards self-reliance. The report identifies high-growth destinations and export commodities, emphasizing the potential for increased volumes and outlining a roadmap for sustained growth.