India targets $1 trillion in exports for FY26 on goods and services growth

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India has set an ambitious goal of reaching $1 trillion in total exports during the 2025-26 fiscal year. Union Minister Piyush Goyal confirmed the target, pointing to robust growth across both merchandise and services sectors. The government has outlined a seven-point action plan and recently signed free trade agreements to support the push. A notable rise in defence exports is also contributing to the overall export drive. The target has received strong backing from both industry stakeholders and policymakers.

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