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India Aims to Raise Exports to $900 Billion by 2019-20

India Aims to Raise Exports to $900 Billion by 2019-20

India aims to raise its exports to $900 billion by fiscal year 2019/20, the government said in a statement on Wednesday.

India's total exports were $465.9 billion in the 2013/14 fiscal year that ended on March 31, 2014, the statement said.

In the first 11 months of the 2014/15 fiscal year that ended on Tuesday, merchandise exports stood at $286.58 billion, government data showed.

Merchandise exports account for about one-fifth of the $2 trillion Indian economy.

© Thomson Reuters 2015