India’s export target for 2005-06 will be $88 billion and in the three years after that, there will be substantial increases as well.
The Union commerce minister, Mr Kamal Nath, has said that by 2009, India’s share of the world trade will be double. This time, the minister has said that export growth of 20 per cent can be achieved only if “we identify our goals and have adequate planning time.”
Mr Kamal Nath said that export values stood at $63 billion last year and it could rise to $75 billion in this financial year. In 2006-07, it could be $104 billion, rising to $125 billion and $150 billion in the two years after that.
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The Union commerce minister, Mr Kamal Nath, has said that by 2009, India’s share of the world trade will be double. This time, the minister has said that export growth of 20 per cent can be achieved only if “we identify our goals and have adequate planning time.”
Mr Kamal Nath said that export values stood at $63 billion last year and it could rise to $75 billion in this financial year. In 2006-07, it could be $104 billion, rising to $125 billion and $150 billion in the two years after that.
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