Export Promotion
India’s Goods Exports: India’s annual goods exports crossed the $400-billion mark for the first time ever in FY2021-22.
- It is a 37% increase compared to $292 billion in the FY2020 and 21% over the previous record high of exports of $330 billion set in FY2019.
India’s Share: India’s share in world’s exports is 1.7% (way less than China’s 13% and USA’s 9%.)
Sector-wise Exports:
- Engineering Goods: Engineering goods were the largest contributors to the growth in exports, growing at nearly 50 per cent and expected to hit $110 billion by the end of FY2022. The engineering goods export of India had a ....
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