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India aims to raise exports to $900 billion by 2019/2020

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Reuters NEW DELHI
Last Updated : Apr 01 2015 | 5:42 PM IST

NEW DELHI (Reuters) - India aims to raise its exports to $900 billion by fiscal year 2019/20, the government said in a statement on Wednesday.

India's total exports were $465.9 billion in the 2013/14 fiscal year that ended on March 31, 2014, the statement said.

In the first 11 months of the 2014/15 fiscal year that ended on Tuesday, merchandise exports stood at $286.58 billion, government data showed.

Merchandise exports account for about one-fifth of the $2 trillion Indian economy.

(Reporting by Manoj Kumar; Editing by Malini Menon)

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First Published: Apr 01 2015 | 5:20 PM IST

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