18 January 2022, Mumbai:
The semblance is $400 bn targets of merchandise exports is looking like happening.
Goyal exhorts service sector should strive for achieving $250 bn exports
Government is fully supportive in terms of policy intervention and hand-holding wherever required besides assuring support to EPCs.
Commerce and industry minister Piyush Goyal expressed confidence on Monday that it is workable to hit exports of $650 billion in this financial year, as In December alone country touched 7 billion goods exports despite Omicron's concern weighing on the global economy as of now. India achieved $300 billion merchandise exports in the first nine months of this fiscal.
Chairing a review meeting of all major Export Promotion Councils (EPCs), the minister said the $400 billion targets of merchandise exports is almost likely to happen & exhorted that the services sector should aim for delivering $250 billion exports.
Goyal gave confidence & assurance to the EPCs that govt will do whatever It takes for hand- molding the EPCs and resolving their issues to ensure we are up there.
Goyal also alluded optimistically that we would do a much higher goods exports target in the ongoing last quarter of his fiscal.