Piyush Goyal: India hits historic $400bn merchandise exports

Piyush Goyal: India hits historic $400bn merchandise exports

24 March 2022, Mumbai:

The Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, today said that the achievement of USD 400 billion exports was the result of a concerted, collective effort by every sector, every stakeholder in the nation.

Merchandise exports from India have crossed $400 billion in the current financial year, 9 days ahead of schedule.

This is far higher than the previous record of USD 330 billion achieved in 2018-19.


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Hon’ble Prime Minister Narendra Modi has tweeted the following: “India set an ambitious target of $400 Billion of goods exports & achieves this target for the first time ever.

I congratulate our farmers, weavers, MSMEs, manufacturers, exporters for this success.

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This is a key milestone in our Aatmanirbhar Bharat journey.” The Minister was addressing a Press Conference held to mark the occasion in New Delhi today. Goyal said that the achievement of the lucrative export target showed the world that inspite of facing numerous challenges, with sheer grit, determination, capability and talent, India would surmount all obstacles.

The Minister expressed his gratitude to all the exporters, farmers, weavers, MSMEs, manufacturers, Indian missions abroad and all other stakeholders who he said, were the real heroes behind this achievement.

He thanked the Prime Minister, Narendra Modi for leading from the front and for his relentless focus on exports. It was the clarion call given by the Prime Minister that inspired the industry to make a quantum jump in exports, he said.

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CREDITS: PIB (The news article has not been edited by DFU Publications staff).

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