India targeting $500 billion exports from 10-11 sectors by 2030, says official

"We are looking at investments in these sectors. We will drill down to each of the areas to see how to promote manufacturing and we have kept a target to increase exports in these 10-11 sectors from $160 billion to $500 billion by 2030," the official added. Overall, the ministry is looking at taking the country’s goods and services exports to $2 trillion by 2030.

The Chintan Shivir witnessed the participation of industry leaders, knowledge partners, and government officials from focus sectors. The deliberations centred on the current scenario, challenges and recommendations tailored to stimulate the country’s manufacturing landscape.

The meeting was presided over by Commerce and Industry Minister Piyush Goyal, Chemicals and Fertilisers Minister Mansukh Mandaviya and Heavy Industries Minister Mahendra Nath Pandey. When asked about the government’s plan to come out with a policy for the electric vehicles (EVs) sector, the official said, "We have to get all the countries on board such as Germany, Korea and Italy. We should invite everybody".