India Development News & Foreign Investment Opportunities

Exports to peak at US$330bn in 2018-19

Nine sectors' shipment to grow 16%


Nine sectors’ shipment to growth 16%



India’s goods exports will peak US$330 billion in 2018-19, supported by focused export promotion initiatives, sector-specific interventions and quick resolution of issues.

“India’s goods export will peak ata US$330 billion in 2018-19 which will be the highest ever,” Commerce and Industry Minister Suresh Prabhu said on 7 Mar 2019.

Nine sectors – germs and jewellery, leather, textiles, engineering, electronics, chemicals, pharma, agriculture and marine products – are expected to achieve 16% growth in exports in 2018-19.

Exports grew 9.5% to US$271.8 billion during April-January this fiscal.

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