India targets $1 trillion in exports; merchandise and services lead early surge

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India is pushing toward an ambitious $1 trillion exports milestone, with early momentum already visible. During the April–June quarter, merchandise shipments grew by 15% while services exports rose approximately 11%. Government initiatives such as the Production Linked Incentive (PLI) scheme are being credited as key drivers behind the manufacturing export push. Trade agreements are also being explored as a potential lever to accelerate overall export growth further. Analysts are closely watching which sectors will sustain this trajectory and help India reach its long-term target.

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