India will need more than a target to triple its exports

Trade pacts with EU and others will be vital to reaching Modi's goal

Ritesh Kumar Singh

September 19, 2022 17:00 JST

Artisans spin cotton during an event to promote hand-woven cloth in Ahmedabad on Aug. 27: India's export basket has a strong bias toward low-value raw materials. © Reuters

Ritesh Kumar Singh is the founder and chief executive of policy research and advisory company Indonomics Consulting in New Delhi.

India's export sectors have been on a roll lately on the back of a prolonged global commodity bull run, attempts by companies and countries to cut their dependence on imports from China and a COVID-induced surge in demand for all kinds of merchandise.