India to miss $1 trillion exports target? Exports struggle despite the FTA push
India's ambitious $1 trillion export target by FY26 appears out of reach, with weak global demand and protectionism hindering merchandise shipments. While services exports offer a cushion, trade deals with the US and EU could be crucial. Diversification is underway, but a shift towards higher-tech products is needed for sustained growth.
India's ambitious $1 trillion export target by FY26 appears out of reach, with weak global demand and protectionism hindering merchandise shipments. While services exports offer a cushion, trade deals with the US and EU could be crucial. Diversification is underway, but a shift towards higher-tech products is needed for sustained growth.
