May 18, 2026 8:27 PM

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Government targets one trillion-dollar exports this year

 
Union Commerce and Industry Minister Piyush Goyal has said that India has set a target of achieving exports worth one trillion dollars this year and two trillion dollars over the next five years. He asserted that this will be the true hallmark of an Atmanirbhar Bharat. Addressing the website launch ceremony of Bharatiya Vyapar Mahotsav in New Delhi, Mr Goyal said exports this year have reached 863 billion dollars, nearly five per cent higher than the previous year, despite global challenges. He said both goods and services exports have increased, calling it a significant achievement in the present global environment. The Minister said, India is progressing rapidly despite global challenges and uncertainties. Mr Goyal emphasized that the enthusiasm to move forward should never diminish and everyone must continue working tirelessly. He said that the spirit among India’s industries, trade community, and people towards achieving the goal of Viksit Bharat 2047 is so strong that no force in the world can stop India. The Minister noted that India’s economy is growing steadily and exports are also increasing. 
Mr Goyal underlined that the objective of Bharat Vyapar Mahotsav is to promote indigenous commerce and ensure that Indian goods and services expand more rapidly across the country and the world. Bharat Vyapar Mahotsav, scheduled to be held from 12 to 15 August in New Delhi, is supported by the Ministry of Commerce and Industry and is being jointly organized by the Confederation of All India Traders and the India Trade Promotion Organization.