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India well on track to achieve USD 1 trillion exports target for FY27: Goyal

According to Goyal, the finalisation of free trade agreements will provide preferential access for Indian goods to almost 75 per cent of global GDP

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Union Minister for Commerce and Industry Piyush Goyal. File Picture

Union Minister for Commerce and Industry Piyush Goyal. File Picture

Commerce and Industry Minister Piyush Goyal on Tuesday said India is on track to achieve the USD 1 trillion goods and services export target for the current fiscal year, while noting that during the first six months of the country's shipments reached about USD 480 billion, according to news agency PTI
 
"Our USD 1 trillion export target this year is sacrosanct. We have to achieve it... We have (already) achieved 48 per cent of the target. I have the October (trade) numbers, it is very exciting... We are well on track for USD 1-trillion (target)," he said at the curtain-raiser event on Bharat Mobility Global Expo 2027.

FTA provides opportunity to Indian automobile sector

He highlighted the opportunities for the automobile sector, and said the finalisation of free trade agreements (FTAs) will provide preferential access for Indian goods to almost 75 per cent of global GDP.

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