WTO Flags Key Trade Gaps India Must Address to Hit 2047 Export Goals

India has set an ambitious target to increase its share of global merchandise exports from around 1.8 percent in 2024 to nearly 10 percent by 2047. This goal is tied to the country's broader Viksit Bharat vision of becoming a developed nation by its centenary of independence. The World Trade Organization has identified critical structural and trade gaps that India must address to achieve this target. Bridging these gaps is seen as essential for India to significantly scale up its export competitiveness on the global stage.