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Home / Business / PHDCCI identifies recipe for $750 billion exports by 2027

PHDCCI identifies recipe for $750 billion exports by 2027

The industry association has identified 75 potential products and markets to achieve the target
Representational image.
Representational image.
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PTI   |   New Delhi   |   Published 13.09.21, 12:32 AM

Industry association PHDCCI on Sunday said it has identified as many as 75 potential products from nine sectors, including agriculture and minerals, and as many markets such as the US and Europe, which can help take India’s exports to $750 billion by 2027.

Sanjay Aggarwal, president, PHDCII, said the US, Canada, Germany, France, UK, Japan, UAE, China, Mexico, Australia, among others would be the major focused markets in the next six years to achieve the export target.

According to the report of the chamber, the 75 potential products include fish, meat, cotton, ores, mineral fuels, chemicals, rubber, textiles, footwear, iron and steel, boilers, electrical machinery, vehicles, aircrafts, furniture, mattresses, toys and sports items.

At present, these 75 products contribute around $127 billion, which is around 46 per cent of the total exports from India.

The 75 markets also include Russia, Bangladesh, Vietnam, Nepal, Brazil, Poland, Italy and Thailand.



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