New Delhi, May 18: India’s exports are projected to touch the $1 trillion milestone by the financial year 2026–27, Union Commerce and Industry Minister Piyush Goyal said, highlighting the country’s strengthening position in global trade.
The Minister noted that sustained policy support, diversification of export markets, and growth in key sectors such as manufacturing, services, and digital trade are expected to drive this milestone. He emphasized that India’s export ecosystem is becoming more resilient and globally competitive.
According to the statement, India’s trade strategy is focused on expanding value-added exports, strengthening supply chains, and improving ease of doing business to support exporters across sectors. The government is also working to enhance infrastructure and logistics to reduce costs and improve efficiency.
Officials indicated that strong performance in services exports, along with increasing demand for Indian goods in international markets, is contributing to the positive outlook. Emerging sectors such as electronics, engineering goods, pharmaceuticals, and IT services are expected to play a key role in this growth trajectory.
The Minister reiterated that India’s long-term trade vision aims to position the country as a leading global export hub, supported by reforms, innovation, and expanding international partnerships.