India's Goods Export Hit $400 Billion For First Time Ever

India has achieved the ambitious goods export target of $400 billion ahead of schedule for the financial year 2021-22 (till March 22, 2022).

India's Goods Export Hit $400 Billion For First Time Ever

The merchandise export target of $400 billion has been achieved nine days ahead of the schedule.

New Delhi:

India has achieved the ambitious goods export target of $400 billion ahead of schedule for the financial year 2021-22 (till March 22, 2022). Prime Minister Narendra Modi on Wednesday congratulated farmers, weavers, MSMEs (small businesses), manufacturers and exporters for the success.

"India set an ambitious target of $400 billion of goods exports and achieves this target for the first time ever. I congratulate our farmers, weavers, MSMEs, manufacturers, exporters for this success. This is a key milestone in our Aatmanirbhar Bharat journey," the Prime Minister tweeted.

The merchandise export target of $400 billion has been achieved nine days ahead of the schedule with an average of $1 billion goods exported every day.

Yearly, the figure jumped 37 per cent from $292 billion in 2020-21.

Commerce and Industry Minister Piyush Goyal said, "PM Narendra Modi ji's clarion call of #LocalGoesGlobal is a reality. Under your visionary leadership, India has scripted history by achieving an ambitious target of $400 Billion of goods export within a single year. Make in India lion is roaring aloud across the world."

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