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Sunday, 10 October 2021

Piyush Goyal said that indian Exports on track for FY22, objective $450-500 bn next year



Piyush Goyal is the Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Government of India states 48 per cent of the targeted volumes having been achieved, exports are on the right track to meet this year’s target of $400 billion.

According to https://indianexpress.com/ 

In April-September this fiscal, exports touched $197 billion, he added. “Our exporters have made all of us Indians proud today … we can aim to scale $450-500 billion exports next year,” Mr. Goyal said, while chairing the mid-term review of exports with different export promotion councils.

He also said that India is negotiating free trade agreements (FTAs) with various countries and blocs, including the United Kingdom, Oman, Australia, Canada, Russia, the United Arab Emirates, the European Union, and the Southern African Customs Union comprising Botswana, Lesotho, Namibia, South Africa, and Swaziland. 

Mr. Goyal said engineering goods have much more potential and textile exports should aim for $100 billion.

Also, he Spoke at the India Today Conclave 2021. The Mood of the Indian industry is positive.

Piyush Goyal twitter

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