India targets to triple exports to $1tn in next 5 yrs

India wants to more than triple its annual exports to $1 trillion in next five years, an exacting target given slowing global growth and escalating trade tensions. Achieving export goal is key to making India a $5 trillion economy, said Union minister Piyush Goyal. India’s exports totaled $330 billion in the year ended March, while China’s was $2.6 trillion in 2018.

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