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Commerce and Industry Minister Piyush Goyal has expressed confidence that the country will achieve the export target for goods and services to USD 2 trillion by 2030. He emphasised on sustaining the export momentum and said that he is confident that Indian exports will be able to wither the global headwinds and will surpass growth in exports by a big margin.

He also said that by 2047, the country will become a USD 30 trillion economy with 25 per cent share in exports. The industry participants were assured that the government is committed to addressing the issues raised by them.

Besides, A Sakthivel, President, Federation of Indian Export Organisations (FIEO) said that Indian exporters have good opportunities for exports to Russia and the EU despite recessionary trends visible there. He said that there would be about USD 8-10 billion additional exports to Russia in the next 12 months and USD 15-20 billion to the EU.