India achieves $400 billion export target for first time, PM Modi hails milestone

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Photo source: PTI

Prime Minister Narendra Modi

Highlights

  • India has achieved its highest export target nine days ahead of schedule
  • Prime Minister Modi congratulates farmers, weavers, MSMEs, manufacturers, exporters for this achievement
  • Prime Minister Modi said that this is an important milestone in India’s journey to self-reliance

India’s merchandise exports hit an all-time high of 400 400 billion on Wednesday, driven by sharp growth in shipments. Prime Minister Narendra Modi has welcomed the ambitious goal of exporting goods to a self-reliant India. He tweeted that the country had achieved its highest export target nine days ahead of schedule.

“India has set an ambitious goal of exporting $ 400 billion worth of goods and achieved it for the first time. I congratulate our farmers, weavers, MSMEs, manufacturers, exporters for this achievement. It is a key milestone in our journey to a self-reliant India.” Prime Minister Modi tweeted.

Commerce and Industry Minister Piyush Goel told the Lok Sabha in February that in the 10th month, from April 2021 to January 2022, India exported more than 30 30 billion.

“This is a record. We have already surpassed US 33 334 billion in exports which is more than what India has done in full 12 months. We are on track to reach US 400 400 billion in exports,” he said. .

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