PwC India's report predicts India could reach $1 trillion merchandise exports by 2028-29 with an 18% annual growth rate.

PwC India's report suggests that India could achieve its $1 trillion merchandise exports target one year ahead of its 2029-30 timeline with an annual growth rate of 18%. The VIKSIT framework aims to drive export growth by addressing infrastructural and tech challenges and diversifying food processing. The report also emphasizes improving the value-addition ratio in manufacturing, expanding market access, and adopting advanced technology. Public-private sector interventions are seen as crucial for India to reach its export goals.

August 09, 2024
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