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Exports cross $400 billion annual target

  • IASbaba
  • March 24, 2022
  • 0
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Exports cross $400 billion annual target

Part of: Prelims and GS III – Economy

  • India’s annual goods exports crossed the $400 billion mark for the first time ever, buoyed by an increase in shipments of merchandise including engineering products, apparel and garments, gems and jewellery and petroleum products.
  • Exports had reached $331.02 billion in the pre-pandemic fiscal year of 2018-19. Shipments have so far increased by $25.19 billion during the month of March and by March 31, the total figure is expected to be $410 billion

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