THEBUSINESSBYTES BUREAU

NEW DELHI, NOVEMBER 10, 2026

India is firmly on track to achieve its ambitious USD 1 trillion exports target in the current fiscal, with shipments of goods and services already touching USD 480 billion during the first half of 2026-27, Commerce and Industry Minister Piyush Goyal said on Tuesday.

Expressing confidence in the country's export trajectory, Goyal said India had achieved 48 per cent of its annual target during April-September, underscoring the resilience and growing competitiveness of the domestic economy in global markets.

"We are well on track to achieve the target. The target is sacrosanct and we have to achieve that," the minister said at the curtain-raiser event for the Bharat Mobility Global Expo 2027.

Highlighting the need to further strengthen India's presence in international markets, Goyal urged the automobile industry to look beyond domestic demand and intensify its focus on exports.

He said the automobile sector should leverage its manufacturing capabilities and emerging opportunities in global markets to expand India's export footprint.

The minister's remarks come amid the government's continued push to position India as a major global manufacturing and export hub, with the automobile industry expected to play a significant role in driving the country's ambitions.