** India sets $400 billion export record: Its significance and key drivers of growth

India has achieved the target of $400 billion in exports in FY2022. What is the significance of this? What areas have been the key drivers of India’s export growth?

The achievement of $400 billion in merchandise exports represents a growth of over 21 per cent in exports compared to the previous record high of $330 billion achieved in FY2019 prior to the Covid-19 pandemic pandemic.

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