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India to achieve record $760 bn exports in FY23 despite global headwinds: Goyal

HT reported on March 16 that India’s exports in the first 11 months of FY23 have already crossed 2021-22’s full-year record figure of $672 billion and is touching $702.88 billion.

Piyush Goyal argued that growth will not only be measured in terms of economic progress but also in terms of social progress and human development indicators (Twitter/PiyushGoyal)
Updated on Mar 29, 2023 04:34 AM IST
ByRajeev Jayaswal

India likely to achieve record $750 bn exports in FY23: Piyush Goyal

“Last year was, of course, a record. We crossed $650 billion (of exports) in goods and services. This year, we aim for an even bigger record,” commerce minister Piyush Goyal said on Saturday while speaking at the Raisina Dialogue 2023. India’s exports in 2021-22 was $676 billion.

Commerce minister Piyush Goyal expressed confidence in India’s robust export performance in 2022-23 despite global headwinds (PTI)
Published on Mar 05, 2023 01:20 AM IST
ByRajeev Jayaswal

India likely to continue curbs on wheat, rice exports

The government banned wheat exports in May last year as overseas sales from the world’s second-largest producer rose due to the Ukraine war at a time when production fell 2.5% due to a heatwave, straining availability.

The overall production of wheat reached 106.84 million tonnes, reporting a dip of 2.75 million tonnes as compared to 109.59 million tonnes estimated during the 2020-21 season, according to the Fourth Advance Estimates of Production of Foodgrains for 2021-22 released by the Union ministry of agriculture and farmers welfare. (AFP)
Updated on Feb 13, 2023 05:54 AM IST

India allows 6million tonne of sugar export

The limit on exportable quantity comes amid the Union government’s efforts to rapidly scale up its ethanol-blending programme.

The country has advanced of the target year for 20% ethanol-blending by five years to 2025. Ethanol made from molasses, a sugar byproduct. (AP)
Updated on Nov 06, 2022 02:59 AM IST
By, New Delhi

India's overall exports in September 2022 estimated at $61 billion, says Centre

In its preliminary data, which was released in the first week of this month, the ministry stated that the country's merchandise exports contracted by 3.52 per cent to USD 32.62 billion in September.

Exports of engineering goods dipped by 10.85 per cent to USD 8.4 billion in September(Bloomberg file)
Published on Oct 14, 2022 09:02 PM IST
PTI | | Posted by Aryan Prakash
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