After importing computer hardware and peripherals worth ₹7,255 crore, and electronic components worth ₹8,200 crore from China last fiscal, the government is keen on achieving greater self-reliance in manufacturing and boosting exports
The announcement of India s Foreign Trade Policy (FTP) 2023 marks a significant milestone in India s trade ecosystem. With a vision to increase exports manifold and propel India s export value to $2 trillion by 2030, the FTP 2023 focuses on dynamic and open-ended policies that accommodate emerging needs.
India is likely to cross USD 765 billion merchandise and services exports in financial year 2022-23 which ends on Friday. The total exports were USD 676 billion in previous fiscal year