India's exports rise 2.6% in June, trade deficit widens to $20.98 bn

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India's exports rise 2.6% in June, trade deficit widens to $20.98 bn - Business Standard

Quick Summary:

Additionally, rising demand for products related to energy transition and artificial intelligence should contribute to trade growth through 2024.

If the trend continues, we are confident that we will cross $800 billion trade this year,” commerce secretary Sunil Barthwal told reporters in a briefing.

Last month, commerce and industry minister Piyush Goyal had said that exports of goods and services from India are expected to cross $800 billion by the end of the current financial year despite external headwinds.