Monday, May 29, 2023
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
    • Rewind
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
  • Rewind
Home | Business | Indias Merchandise Export Set To Cross 400 Billion In Current Fiscal Piyush Goyal

India’s merchandise export set to cross $400 billion in current fiscal: Piyush Goyal

New Delhi: India’s merchandise exports have reached $390 billion till March 14 of the current financial year and will certainly cross $400 billion during the year ending March 31, 2022, Union Commerce and Industry Minister Piyush Goyal said on Thursday. Addressing an event organised by the Automotive Component Manufacturers Association (ACMA), Goyal said India’s auto […]

By ANI
Published Date - 04:43 PM, Thu - 17 March 22
India’s merchandise export set to cross $400 billion in current fiscal: Piyush Goyal
File PHoto
whatsapp facebook twitter telegram

New Delhi: India’s merchandise exports have reached $390 billion till March 14 of the current financial year and will certainly cross $400 billion during the year ending March 31, 2022, Union Commerce and Industry Minister Piyush Goyal said on Thursday.

Addressing an event organised by the Automotive Component Manufacturers Association (ACMA), Goyal said India’s auto cMeromponents industry has, for the first time, recorded a trade surplus of $600 million.

According to data released by the Ministry of Commerce & Industry on March 14, India’s merchandise exports for the period April-February 2021-22 stood at $374.81 billion as against $256.55 billion during the period April-February 2020-21, registering a growth of 46.09 per cent.

In February 2022, merchandise exports surged to $34.57 billion, registering a year-on-year growth of 25.1 per cent.

Addressing the ACMA event, Goyal noted that India’s automotive industry is worth more than $100 billion and contributes 8 per cent to the country’s total export and accounts for 2.3 per cent of India’s GDP. India’s auto industry is estimated to become the 3rd largest in the world by 2025.


Now you can get handpicked stories from Telangana Today on Telegram everyday. Click the link to subscribe.

Click to follow Telangana Today Facebook page and Twitter .


  • Follow Us :
  • Tags
  • Automotive Component Manufacturers Association (ACMA)
  • India
  • Merchandise Exports
  • Union Commerce and Industry Minister Piyush Goyal

Related News

  • Golf: India’s Diksha Dagar finishes sixth in the Belgian Ladies Open

    Golf: India’s Diksha Dagar finishes sixth in the Belgian Ladies Open

  • FDI equity inflows dips 22 per cent to USD 46 billion in 2022-23

    FDI equity inflows dips 22 per cent to USD 46 billion in 2022-23

  • Hockey: India enter Junior Asia Cup semifinal with 17-0 win over Thailand

    Hockey: India enter Junior Asia Cup semifinal with 17-0 win over Thailand

  • Battlegrounds Mobile India mobile game now available for play in India

    Battlegrounds Mobile India mobile game now available for play in India

  • Opinion: Economy up, jobs down

    Opinion: Economy up, jobs down

  • DRDO assures all possible support to defence industries

    DRDO assures all possible support to defence industries

Latest News

  • Cartoon: May 30, 2023

    40 seconds ago
  • Memorial Day: President Joe Biden lauds sacrifice of generations of US troops

    9 mins ago
  • Sudan army, rival under pressure to extend truce after mediators show impatience with breaches

    10 mins ago
  • Hyderabad: Jubilee Hills pub under scrutiny for exotic wildlife display during wild jungle party

    3 mins ago
  • INS Delhi makes port call in Malaysia as part of Eastern Fleet deployment to ASEAN nations

    20 mins ago
  • Universities from Telangana to tie up with Nanyang Technological University-Singapore

    25 mins ago
  • Rising global temperatures can trigger deadly tsunamis from Antarctica: Study

    40 mins ago
  • Sathi Gani Rendu Ekaralu movie review: Low-budget yet high on entertainment

    46 mins ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam