India's Minister Piyush Goyal Unveils Strategy to Boost Export Growth in Goods and Services

Economy

1 year ago

News sources:

Credited from: INDIATIMES

The **Indian government** is formulating a strategy to enhance exports of **goods** and **services**, aiming for $2 trillion by **2030**.
Commerce Minister **Piyush Goyal** highlighted the importance of addressing exporters' concerns and leveraging India's **competitive advantages**.
Projected exports for **2024-25** are expected to exceed **$800 billion**, up from **$778 billion** in the previous year.
Goyal emphasized collaboration with the **banking system** and the **Export Credit Guarantee Corporation (ECGC)** to tackle issues like dwindling **export credit** and high interest rates.
The minister also addressed potential **dumping** concerns from **China**, asserting that India will take **proactive measures** against unfair competition.

For more details, visit the original article: Times of India.