That is correct. As per early estimates put out by the Ministry of Commerce, India is likely to report December 2021 merchandise exports of $37 billion (highest ever) and total exports of over $300 billion for first 9 months of FY22. India should be on track for export target of $400 billion for FY22. The export thrust was driven by engineering goods exports up 37%, Gems and jewellery exports up 16%, Garments 22% and electronics 33% in Dec-21.
That is correct. As per early estimates put out by the Ministry of Commerce, India is likely to report December 2021 merchandise exports of $37 billion (highest ever) and total exports of over $300 billion for first 9 months of FY22. India should be on track for export target of $400 billion for FY22. The export thrust was driven by engineering goods exports up 37%, Gems and jewellery exports up 16%, Garments 22% and electronics 33% in Dec-21.