The Modi government is expected to set an ambitious $2 trillion export target by 2030 in its new foreign trade policy, likely to be released this month.
Senior commerce ministry officials working on the fine print of the policy said: “We can envision $1 trillion of exports in goods and $1 trillion in services. So, total exports of $2 trillion by 2030. Within that framework, we are working out an FTP and we are expecting that it would be released by the end of this month.”
The focus of the new policy is expected to be on trade promotion through free trade agreements (FTAs) and marketing via Indian missions.
