In a race to become robust, India is planning to expand their export to USD 2 trillion by 2030
There is new FTP attempts to internationalize the Indian rupee and enable settlement of transactions in the domestic currency.
Higher Coal and Crude Shipments to Propel India’s Merchandise Imports Above $700 Billion in FY23, Says GTRI
According to a report from GTRI, India's imports of goods are projected to increase by around 16% to $710 billion in the current fiscal year, majorly driven by a surge in inbound deliveries of crude oil, coal, diamonds, chemicals, and electronics.
