Our Honorable Prime Minister Shri.Narendra Modi launched a national effort to achieve the target of $400 billion worth Merchandise Export in the year 2021 – 2022. India has met nearly a third of its annual target in the first four months of 2021 – 2022. Also, PM suggested 4 points strategy to achieve the target of $400 billion. The factors include increasing manufacturing manifold, removing logistical problems, coordination between exporters and government, and finding more global markets for Indian products.

In the first half of the year, total merchandise exports from India stood at $187.11 billion, nearly 57 per cent higher than 2020 and 23.8 per cent over 2019. We will have a record year with our exports hitting the government target of $400 billion for 2021 – 2022, Shri. Piyush Goyal, Ministry of Commerce and Industry said. The government aims to achieve the $1 trillion target by 2025 for merchandise exports and $500 billion exports in the next two years in line with Prime Minister’s Aatmanirbhar Bharat Abhiyan Goal in which the Government listed many initiatives to boost MSMEs.