• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Saturday, October 25, 2025
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
No Result
View All Result
Economy India
No Result
View All Result
Home Economy

Foreign Secy Shringla Outlines India’s Aim To Target USD 400 Billion Exports For 2021-22

by Economy India
November 25, 2021
Reading Time: 2 mins read
FEATURED IMAGE ECONOMY INDIA 1 1
SHARESHARESHARESHARE

Shringla said Prime Minister Narendra Modi has issued precise guidelines on how the work will be done in promoting the three Ts — trade, tourism, and technology

Indian Foreign Secretary Harsh Vardhan Shringla announced on November 24, Wednesday that India has established an ambitious benchmark of USD 400 billion in exports for the years 2021-22 for developing the three ‘T sectors’: trade, tourism, and technology.

ADVERTISEMENT

These remarks by Shringla came during the Indian Chamber of Commerce’s Annual Session in Kolkata, which was themed ‘Bharat@75: Empowering India: Today for Tomorrow.’

Commerce and Industry

“An ambitious target of USD 400 billion of exports has been set up for the year 2021-22. The business of Indian diplomacy is, thus, business. We at the Ministry of External Affairs stand ready to help Indian businesses in any way we can,” citing Shringla’s comments, ANI reported. Foreign Secretary even added that Prime Minister Narendra Modi has issued precise guidelines during his recent meeting with Heads of Indian Missions Abroad and stakeholders in commerce and industry, on how the work will be done in promoting the three Ts (trade, tourism, and technology).

GDP Increase

Further, during the session, Shringla even highlighted that the Indian economy has stepped on a high growth track, with the country’s GDP increasing by more than 20 percent in the first quarter of 2021-22. He went on to say, “India would have a role in world affairs little more than an aspiration at the time this Chamber was founded. India was still a subject nation and independence, a distant dream. Independence, the trauma of Partition, and the struggles of emerging nationhood were in the future.”

Post-Pandemic Economy

The post-pandemic economy, according to the Foreign Secretary, will be very different from the current one. He added that these economic developments are taking place as part of a process known as “rebalancing.” He even explained that the Indo-Pacific area, which stretches from the United States to Africa’s east coast and contains the Indian Ocean, is currently a significant focus of global interest. It accounts for over 60 percent of global economic production. It also accounts for 70 percent of worldwide economic growth.

Global Service Conclave 2021

Meanwhile, India is on track to reach the $1 trillion milestones in Service Exports by 2030, according to Union Minister of Commerce and Industry Piyush Goyal. He described services as a “key driver” of India’s economic development. Goyal announced this at the ‘Service Export Promotion Council- Global Service Conclave 2021’, and claimed that the service industry employs almost 2.6 million people and accounts for around 40 percent of India’s total global exports. (republic world)

CSR Leadership Summit
ADVERTISEMENT
India CSR Awards
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT
Tags: Economy Updates from IndiaIndian EconomyIndian Economy OutlookIndian Foreign Secretary Harsh Vardhan ShringlaLatest Updates on Indian EconomyNews on Indian EconomyPrime Minister Narendra Modi
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

Related Posts

Trump’s 100% Tariff on China Triggers $1.5 Trillion Market Meltdown
Economy

Trump’s 100% Tariff on China Triggers $1.5 Trillion Market Meltdown

October 13, 2025
India’s Trade Deficit Expected to Reach ₹2.5 Lakh Crore in September 2025
Economy

India’s Trade Deficit Expected to Reach ₹2.5 Lakh Crore in September 2025

October 13, 2025
India Extends Export Duty and Tax Refund Scheme (RoDTEP) Until March 2026: A Comprehensive Analysis
Economy

India Extends Export Duty and Tax Refund Scheme (RoDTEP) Until March 2026: A Comprehensive Analysis

September 30, 2025
Trump Slaps 100% Tariff on Branded Drugs from October 1; India, Key Exporter, Faces Uncertainty
Economy

Trump Slaps 100% Tariff on Branded Drugs from October 1; India, Key Exporter, Faces Uncertainty

September 26, 2025
GST 2.0: FMCG Firms Expect Full Price Alignment Within Two Months
Economy

GST 2.0: FMCG Firms Expect Full Price Alignment Within Two Months

September 24, 2025
India Reaffirms WTO-Centric Fair Trade System at SCO Ministers’ Meet, Showcases Digital Public Infrastructure
Economy

India Reaffirms WTO-Centric Fair Trade System at SCO Ministers’ Meet, Showcases Digital Public Infrastructure

September 8, 2025
Next Post
FEATURED IMAGE ECONOMY INDIA 1 1

Real estate can be a leader in driving a circular economy

16th CSR Leadership Summit 2025
ADVERTISEMENT
India CSR Awards
ADVERTISEMENT

LATEST NEWS

HUDCO Signs ₹5,000 Crore MoU with JNPA to Boost Port Infrastructure Development

Aditya Birla Sun Life AMC Posts ₹241 Crore Net Profit in Q2; Margins Remain Stable

Ola CEO Bhavish Aggarwal Booked for Abetment of Suicide: Engineer’s Death Sparks Major Controversy

Bollywood Music Composer Sachin Sanghvi Arrested for Alleged Sexual Assault on Woman

Vedanta to Invest ₹1 Lakh Crore in Odisha, Creating Over 1 Lakh Jobs

Putin Warns of Retaliation If US Launches Tomahawk Strikes; Calls Trump’s Sanctions on Russian Oil Firms “Hostile Acts” That Threaten Global Stability

Kurnool Inferno: 20 Dead, Dozens Injured After Hyderabad–Bengaluru Bus Catches Fire on NH-44

RBI’s Gold Reserves Cross 8.80 Lakh Kg Mark — Valued at ₹8.4 Lakh Crore; Adds 600 Kg in First Half of FY2025-26

  • ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS

Copyright © 2024 - Economy India | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved