India has set an ambitious target of achieving $1 trillion in total exports during the financial year 2026–27 (FY27), underscoring its commitment to strengthening global trade and expanding its presence in international markets. The goal reflects the government’s broader strategy to boost both merchandise and services exports while enhancing India’s competitiveness across key sectors.
To meet the target, policymakers are aiming for around 17% growth in merchandise exports, supported by stronger manufacturing output, diversified export destinations, and improved trade facilitation measures. Services exports, including information technology, business services, finance, and consulting, are also expected to play a significant role in reaching the milestone.
The export growth strategy is backed by initiatives such as expanding free trade agreements, improving logistics infrastructure, promoting production-linked incentive (PLI) schemes, and streamlining customs procedures. Authorities are also encouraging exporters to tap emerging markets while strengthening trade ties with established partners across Asia, Europe, the Middle East, and the Americas.
Despite ongoing global economic uncertainties, shifting supply chains, and geopolitical challenges, India remains optimistic that resilient domestic manufacturing, rising demand for high-value products, and continued policy support will drive export growth. Achieving the $1 trillion target would mark a significant milestone in India’s journey toward becoming a leading global trading nation and further support its long-term economic growth objectives.