Opinion | The fastest way to a $5 trillion economy is through exports
State govts need to be brought to the forefront of India’s export growth strategy by the Centre
The road towards a $5 trillion economy leads through the rapid expansion of India’s exports. In recent times, India’s export performance, particularly of goods, has not been up to expectations. If one takes a long-term view, India has managed to increase its share in the world (non-oil) goods exports from 0.6% to 1.6% between 1990 and 2018. However, it has been outperformed by China or other APAC countries such as Vietnam.