India cannot depend on just one state to achieve its export goals

Other governments need to study Gujarat's strategies for success

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20230122 Gujarat refinery Essar Oil.JPG

An oil refinery in Vadinar, Gujarat in 2016: The state's growth is due in part to producing goods that are in demand globally. © Reuters

Rahul Mazumdar is an economist with the Export-Import Bank of India in Mumbai. The views expressed here are his own.

Indian exports are on the rise as the country has found increasing favor from multinationals like Apple which are looking to diversify their China-focused production supply chains. Total exports in the year ended March 2022 reached $422 billion, a jump from $313 billion two years earlier.

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