INDIA’S exports are poised to surpass the monumental US$ 1 trillion mark by the financial year 2026-27, a significant leap fuelled by robust growth of over 16 per cent between April and October. This optimistic projection comes from SP Sharma, Chief Economist at ASSOCHAM, highlighting India’s growing footprint in the global trade arena. Speaking to ANI, Sharma revealed that India’s exports reached approximately US$ 569 billion in the first seven months of the current fiscal, demonstrating strong momentum towards achieving this ambitious annual target. He emphasized that if the current pace continues, especially with an expected acceleration in February and March, the US$1 trillion goal is well within reach.
Major trading partners like the US, China, Japan, Italy, and other European nations are showing strong demand for Indian goods, contributing significantly to this growth.
ANI
#TheGlobalNewLightOfMyanmar