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Union Commerce Minister says on track to achieve $1 Trillion exports this year
(11-Nov-2026, 14:41 Hours IST)  
Union Minister for Commerce and Industry Piyush Goyal conveyed assurance that India remains poised to realize its export objective of one trillion dollars this year. Mr. Goyal stated India had already secured exports valued at roughly 480 billion dollars during the initial six months of the financial year, representing 48 per cent of the annual target. He noted exports typically experience increased impetus in the latter half of the year and voiced confidence in India’s aggregate export performance.

The engineering sector's contribution is underscored as exports from the sector demonstrated a growth of approximately 22 percent, according to the Minister. He indicated that the October export figures will be disclosed by the Commerce Secretary on the 15th of this month, conveying confidence regarding the forthcoming data. The Minister also stressed the need for India to establish itself as a global center for technology development and design, fostering talent-driven solutions domestically. Furthermore, he stated that India should soon target domestic passenger vehicle sales of 10 million units, with export volumes considered supplementary to domestic sales.

Thursday, November 12, 2026 03:06:00 PM
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