India’s ambition to scale its exports to USD 2 trillion by 2032-33 will largely depend on adherence to stringent quality standards and global compliance benchmarks, Commerce and Industry Minister Piyush Goyal said.
Addressing industry stakeholders at a trade interaction event, Goyal stressed that India must move beyond competing solely on price and focus on reliability, safety, sustainability, and high manufacturing standards to strengthen its global trade footprint.
“Quality is not optional; it is the foundation for long-term export growth,” he said, urging exporters to align with international technical regulations, certification norms, and evolving environmental and social governance (ESG) requirements.
India has set an ambitious target of reaching USD 2 trillion in exports — spanning both goods and services — by 2032-33. The government believes that consistent quality compliance will help Indian products gain deeper access to advanced markets, reduce rejection rates, and build stronger brand equity globally.
The minister highlighted the role of Quality Control Orders (QCOs), standardisation measures, and testing infrastructure upgrades in improving India’s export competitiveness. He also encouraged industries to invest in research and development, design innovation, and value addition to move up the global supply chain.
Industry leaders welcomed the emphasis on quality, noting that non-tariff barriers, technical standards, and sustainability-linked trade measures are becoming increasingly important in key markets such as the US and the European Union.
Trade experts pointed out that while India has made progress in expanding export volumes, achieving the USD 2 trillion milestone will require improvements in logistics efficiency, product certification, supply chain resilience, and digital trade facilitation.
Goyal reaffirmed the government’s commitment to working closely with exporters, industry bodies, and state governments to create a robust ecosystem that supports quality-driven, sustainable export growth over the coming decade.
