Commerce Dept begins charting export roadmaps for 20 priority markets chasing $1 trillion target

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The Department of Commerce is preparing detailed export strategy papers for 20 shortlisted focus markets, identifying product-specific opportunities and challenges as well as market-specific interventions as part of a broader effort to boost India’s merchandise exports to $1 trillion by 2030-31. The Department has sought extensive inputs from exporters, industry associations and export promotion councils on issues ranging from tariff barriers and regulatory requirements to logistics bottlenecks, sustainability norms and payment-related concerns, according to sources. “The exercise is aimed at developing actionable export strategies for each market, with recommendations tailored to specific sectors and products where India has the potential…

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