India has potential to reach $1 trillion in exports of goods and services by 2030: Goyal

Staff reporter

Union Trade and Industry Minister Piyush Goyal today said India has the potential to export goods and services worth a trillion dollars each by 2030.

Addressing the “21st Public Service Day – 2022, Plenary Session on Aatmanirbhar Bharat – Focus on Exports” in New Delhi, the Minister stressed the need to make exports the backbone of India’s growth. He said the country achieved $419 billion in exports in the fiscal year 2021-22 touching $30 billion in exports each month and in March it reached the level of $42 billion. ‘exports.

The minister said that achieving these goals has only been possible because of the “whole-of-government” and “pan-Canadian” approaches that have been adopted. He mentioned that this achievement is not only a milestone in Aatmanirbhar Bharat’s journey, but also a message to the rest of the world – that New India offers quality, reliability and scale.

Highlighting the immense potential for export growth, the Minister said that labor-intensive sectors such as gemstones and jewellery, textiles, pharmaceuticals, hand looms, handicrafts and leather should be given greater impetus to boost employment and income generation. Extending his congratulations and best wishes to Civil Service Officers across the country on the occasion of the 21st Civil Service Day, Mr. Goyal said it was indeed an opportunity for civil servants to renew their dedication to the cause of the nation and to reiterate their commitment to public service.