Government target of $1 trillion export by 2030 includes $250 billion from engineering sector: Commerce Secretary
Expressing optimism over India’s exports growth, Commerce Secretary Sunil Barthwal has said the government's target of $1 trillion export includes $250 billion from the engineering sector. The government has set a target to achieve $1 trillion export from India by 2030.
He said ‘India is known for leather, textile and traditional sectors but engineering sector in India which includes automobiles, equipment etc is almost close to 25 per cent of the total exports. Tomorrow when India is looking at $1 trillion of exports, $250 billion of exports we are expecting from the engineering industry’.
He also said ‘This is the ambition that we have taken which is based on ground reality. It is based on the fact that how the middle class is growing, the government focus on infrastructure development within the country, focus on development of ports, airports, railway modernization, broadening of roads’.
