Earlier, the ministry had fixed the export target at $200 billion on top of $182 billion in 2009-10 (the government has since revised the exports for the previous fiscal from $176.6 to $182 billion). Our consultations with chambers and exports councils have been completed. Now we will have in-house exercises and see what is required to be done, commerce and industry minister Anand Sharma told reporters after the review meeting.
Indias exports, which were impacted by the global demand slowdown, started rising from November 2009 on back of improved demand in the traditional markets of US and EU. In the first three months, exports stood at $50.8 billion showing a growth of 32.2% over the year-ago period.