India’s export recovery broadbased, confident to achieve $400 bln target FY22: Trade secy
SECTIONS
Share
Synopsis
“I don’t think so because we have achieved a balance between public health and economic activity. I’m confident we can achieve. I don’t foresee any major impact on our export prospects. Our performance indicates good prospects,” he said on being asked about the revision of the $400 billion export target.
Getty Images
Exports in April last year had plunged by a record 60.28% due to the coronavirus pandemic-induced lockdown.
Commerce secretary Anup Wadhawan on Friday said that India can achieve $400 billion export target in FY22 as the recovery in the country’s exports is broad-based and substantial. India's exports in April jumped nearly three-fold to $30.63 billion while imports rose to $45.72 billion, official data showed.