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Evaluation of infrastructure requirements for achieving $1 trillion exports by August - September: Official

May 13, 2024
Reading Time: 2 minutes

NEW DELHI : A study to assess required infrastructure and identify main industry clusters for achieving the USD 1 trillion merchandise exports target by 2030 may be submitted by August-September to the commerce ministry, an official said.

The official said that the Asian Development Bank (ADB) is doing that study for the ministry.In 2023-24, India’s merchandise exports dipped by over 3 per cent to USD 437 billion. Imports during the last fiscal dipped by 5.7 per cent to USD 675.4 billion.

By 2030, the ministry is aiming to . . .

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