Global trade fairs on cards; sectoral targets for $1 trillion exports by ’30

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Key Points

India is mulling mega trade fairs for food, textiles and auto components, on the lines of Messe Frankfurt, Gulfood and Canton Fair, to achieve 12% growth in goods exports by 2030..

These suggestions figured in a meeting held by commerce and industry minister Piyush Goyal with industry and exporters on Monday.. Officials said investment promotion arm Invest India, which is also drawing up the countrys trade strategy, has identified 100-odd companies across 30 sectors and 30 countries, and around a 100 more being shortlisted as part of the Strategic Investment Targets Initiative..

The commerce and industry ministry has identified 12 priority countries including the US, Canada, Germany, Brazil and South Korea where Indian exporters would do global exhibitions...

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