Indian goods and services exports have crossed the USD 750 bn mark for the first time, news agency ANI reported Union Commerce & Industry Minister Piyush Goyal as saying at an event on Tuesday. In 2021-22, the country’s exports of goods and services touched an all-time high of USD 422 billion and USD 254 billion, respectively, taking the total shipments to USD 676 billion.
“There’s much faster growth in services, but growth in both (merchandise and services exports) is good. Probably we will end the year with about USD 760 bln (in exports), if not more,” Goyal told reporters.
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