Key Points
Commerce and industry minister Piyush Goyal on Thursday said that Indias goods and services exports will soon cross $750 billion...
Data till February shows that we will cross $750 billion of exports in a few days Both merchandise and services are growing..
Services are growing faster, Goyal said at an event organised by the Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) in Mumbai...
Indias goods and services exports touched an all-time high of $422 billion and $254 billion respectively, in FY22 taking the total shipments to $676 billion...
He said that forecasts show that global trade is slowing but Indias exports are growing, and when the year started, with the Ukraine war, orders were slowing in developed economies, and inflation and recessionary conditions were there...
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