Insta
Rise in engineering export goods. (GettyImages)
The Union Commerce Secretary Anup Wadhawan has exuded confidence that India can achieve the $400 billion exports target in the ongoing FY22, reports Economic Times.
On being asked about revision of the $400 billion export target, Wadhawan said, “I’m confident we can achieve. I don’t foresee any major impact on our export prospects. Our performance indicates good prospects.”
Wadhawan also noted that while pharmaceutical and rice exports are all doing well, the exports of gems, jewellery, leather and manmade yarn are also picking up which augurs well for FY22.
The commerce secretary also said that exporters were not facing any major issues on the logistics front because of the restrictions due to COVID-19. He also noted that the sectors which did well in FY21 have done some market diversification.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.
Latest