India's Export Surge Amidst Global Uncertainty

Commerce and Industry Minister Piyush Goyal announced that India's exports of goods and services are anticipated to surpass USD 800 billion, marking a record despite global economic challenges. While global stress persists, the minister emphasized the robustness of India's export basket and the growing share of services exports.

In the face of global economic uncertainties, India's exports are projected to exceed USD 800 billion, setting a new record, according to Commerce and Industry Minister Piyush Goyal.

He highlighted last fiscal year's exports reaching USD 778 billion and noted India's diverse export basket's resilience.

The minister also mentioned the growing contribution of services exports and addressed the impact of the forex crisis and Red Sea disruptions on shipping lines.

(With inputs from agencies.)