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US$ 2 Trillion By 2030: India Pushes Exports Into Top Gear

India is going big on exports. The target is clear - US$ 2 trillion by 2030. And the push has begun.

Union Commerce and Industry Minister Piyush Goyal has called for an all-out effort to scale India’s global trade footprint. The message is simple: move faster, export more, compete harder.

At a high-level meeting with 30 Export Promotion Councils (EPCs), industry bodies, and senior officials at Bharat Mandapam, New Delhi, held right after the India-New Zealand FTA signing, Goyal laid out a sharp, execution-focused roadmap in a rapidly changing global trade environment.

The starting point is strong. India’s exports touched a record US$ 860.09 billion in FY 2025–26, growing 4.22% despite global disruptions. Core sectors - engineering goods, electronics, pharmaceuticals, chemicals, gems and jewellery, and agri-products - are holding momentum.

Now comes the next leap. Goyal urged exporters to fully utilise FTAs with developed markets. The goal: unlock demand, expand market access, and create jobs.

On the ground, reforms are getting sharper. The Directorate General of Foreign Trade (DGFT) has rolled out a results-driven blueprint. A KPI-based framework for EPCs. Faster e-commerce exports. Districts as Export Hubs. A proposed Digital Trade Academy. And quicker clearance of Export Obligation Discharge Certificates (EODC).

There is also a calibrated response to global disruptions, including the West Asia crisis, backed by the Export Promotion Mission.

The directive is clear. EPCs are not just facilitators, they are partners. They must drive market diversification, bring more MSMEs into exports, adopt technology, and deliver measurable results.

India is creating the momentum. In the past few years nine free trade agreements have been signed spanning 38 developed countries. More are in the offing. It’s now time to leverage the opportunities.

On the ground, reforms are getting sharper. The Directorate General of Foreign Trade (DGFT) has rolled out a results-driven blueprint. A KPI-based framework for EPCs. Faster e-commerce exports. Districts as Export Hubs. A proposed Digital Trade Academy. And quicker clearance of Export Obligation Discharge Certificates (EODC).

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