Archive · 22 Jul 2026
India aims for 10% global goods export share by 2047
India wants to increase its share of global goods exports to 10% by 2047, up from 1.8% in 2024.
The government is working on several trade agreements and policies to achieve this goal.
They are also making it easier for foreign companies to invest in India.
However, some people worry that this could make India too dependent on other countries.
The World Trade Organisation is reviewing India's trade policies to see how they are doing.
India has been growing quickly and has set big goals for its economy and exports.
India aims to increase its share of world merchandise exports to 10% by 2047.
The government is expanding trade agreements and liberalizing foreign direct investment policies.
India's economy is targeted to grow to $30-35 trillion with overall exports reaching $10 trillion by 2047.
The WTO is reviewing India's trade policies from 2021 to 2025.
India has achieved record exports and is negotiating new trade agreements with several countries.
- Who
- India, World Trade Organisation (WTO)
- What
- India's trade policy review and export targets
- When
- Review period: 1 January 2021 to 31 December 2025; Target year: 2047
- Where
- Worldwide, with a focus on India's trade agreements and policies
- Why
- To increase India's share of world merchandise exports and boost economic growth
Pro-Trade Liberalization
Protectionist Concerns
Trade Agreements
Pro-Trade Liberalization
Expanding regional trading agreements will boost exports and economic growth.
Protectionist Concerns
Over-reliance on trade agreements may expose the economy to global market volatility.
Foreign Direct Investment
Pro-Trade Liberalization
Liberalizing FDI policies will attract more investment and foster economic development.
Protectionist Concerns
Easing FDI restrictions could lead to foreign control of critical sectors and economic dependency.
- Current Share of World Merchandise Exports
- 1.8% (2024)
- Target Share of World Merchandise Exports
- 10% (by 2047)
- Target Economy Size
- $30-35 trillion (by 2047)
- Target Overall Exports
- $10 trillion (by 2047)
- WTO Review Period
- 1 January 2021 to 31 December 2025
- Recent FDI Inflows Peak
- $85 billion (2021-22)
- WTO Review Dates
- July 21 to July 23