New export strategy must be a result of introspection

The 2015 Foreign Trade Policy Statement said that the government aims to increase India's exports of merchandise and services from $465.9 billion in 2013-14 to approximately $900 billion by 2019-20

The commerce ministry is preparing a vision and strategy document giving a road map for boosting exports of products and services from India. It has given a list of topics to be included in the text, and sought inputs from the trade. The document is expected to be finalised and released by this month-end.  

This is not the first time that the government has contemplated such a document, although it is the first time that it has called for inputs from the trade. In fact, the commerce ministry released a Foreign Trade Policy Statement in April 2015 outlining its vision,