Lok Sabha Question No. 2364 (UNSTARRED), answered on 2024-12-10
Subject: Export Targets for 2029-30
Ministry: COMMERCE AND INDUSTRY
Asked by: Shri Bhartruhari Mahtab, Dr. K Sudhakar, Shri Dharambir Singh, Shri Praveen Patel

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY (DEPARTMENT OF COMMERCE)

## LOK SABHA UNSTARRED QUESTION NO. 2364 ANSWERED ON 10/12/2024

## EXPORT TARGETS FOR 2029-30

2364.  SHRI PRAVEEN PATEL:

SHRI BHARTRUHARI MAHTAB:

DR. K SUDHAKAR:

SHRI DHARAMBIR SINGH:

Will the Minister of COMMERCE AND INDUSTRY ( वाणिज्य एवं उद्योग मंत्री ) be pleased to state:

- (a) the  details  of  export  targets  for  2029-30  in  key  sectors  such  as  electronics,  textiles and pharmaceuticals;
- (b) whether the current exports in electronics, textiles and pharmaceuticals sectors are in line with the targets set and if so, the details thereof;
- (c) the details of measures taken by the Government to promote exports in these sectors, with  particular  reference  to  initiatives  benefitting  the  Bhiwani-Mahendragarh  Lok  Sabha Constituency; and
- (d) whether the role of infrastructure development and policy reforms in boosting exports from rural and semi-urban areas especially in the Bhiwani-Mahendragarh region and if so, the details thereof?

## ANSWER

## वाणिज्य और उद्योग मंत्रालय में राज्य मंत्री (श्री णिणिन प्रसाद ) THE MINISTER OF STATE FOR COMMERCE AND INDUSTRY (SHRI JITIN PRASADA)

(a)  & (b) Although  the  Government  has  been  working  with  a  USD  1  trillion  of merchandise exports by 2030 which includes electronics, textiles and pharmaceuticals, it has to  be  seen  in  the  context  of  global  geo-political  situation,  global  growth  and  many  other external  variables.  In  the  first  7  months  of  2024-25  (April-October),  India  has  achieved merchandise exports of US $ 250.24 billion, which is higher than the export achieved during the corresponding period of last year. The major commodity-wise export achievement during 2024-25 (April-October) are attached at Annexure 1.

(c) Government has taken following export promotion initiatives to boost exports from the country including from the Bhiwani-Mahendragarh district of Haryana: -

(i) New  foreign  Trade  Policy  has  been  launched  on  31 st March,  2023  and  came  into effect from 1 st April, 2023.

(ii) Interest Equalization Scheme on pre and post shipment rupee export credit has been extended upto 31.12.2024.

(iii) Assistance  provided  through  several  schemes  to  promote  exports,  namely,  Trade Infrastructure for Export Scheme (TIES) and Market Access Initiatives (MAI) Scheme.

(iv) Agricultural  &  Processed  Food  Products  Export  Development  Authority  (APEDA) has Central Sector specific scheme for Financial Assistance to facilitate the export of agriproducts  by  providing  assistance  to  exporters  for  augmenting  export  related  infrastructure, participating in Buyer Seller Meets, etc.

(v) The  APEDA  is  implementing  the  National  Programme  for  Organic  Production (NPOP).  The  programme  involves  the  accreditation  of  Certification  Bodies,  standards  for organic production, promotion of organic farming and marketing etc.

(vi) The Marine Products Export Development Authority (MPEDA) provides assistance for upgrading the infrastructure facilities for value addition, establishing testing laboratories, participating  in  international  trade  fairs,  and  providing  technical  assistance  for  aquaculture production meant for exports etc.

(vii) Quality  Control  Orders  (QCOs)  have  been  notified  by  Bureau  of  Indian  Standards (BIS)  for  improving  the  quality  of  Indian  products  and  to  prevent  import  of  substandard goods into Indian market.

(viii) Rebate of State and Central Levies and Taxes (RoSCTL) Scheme to promote labour oriented sector export has been implemented since 07.03.2019.

(ix) Remission  of  Duties  and  Taxes  on  Exported  Products  (RoDTEP)  scheme  has  been implemented  since 01.01.2021. With  effect from  15.12.2022, uncovered  sectors like pharmaceuticals, organic and inorganic chemicals and article of iron and steel has also been covered under RoDTEP.

(x) Districts  as  Export  Hubs  initiative  has  been  launched  by  identifying  products  with export  potential  in  each  district,  addressing  bottlenecks  for  exporting  these  products  and supporting local exporters/manufacturers to generate employment in the district.

(xi) Common Digital  Platform  for  Certificate  of  Origin  has  been  launched  to  facilitate trade and increase Free Trade Agreement (FTA) utilization by exporters.

(xii) Active  role  of  Indian  missions  abroad  towards  promoting  India's  trade,  tourism, technology and investment goals has been enhanced.

(xiii) Regular monitoring of export performance with Commercial Missions abroad, Export Promotion Councils, Commodity Boards/ Authorities and Industry Associations and taking corrective measures from time to time.

(xiv) The  government  has  launched  Trade  Connect  ePlatform  on  11 th September  2024. Trade connect ePlatform is an information and intermediation platform on international trade bringing together Indian Missions Abroad and officials from Department of Commerce and other organisations to provide comprehensive services for both new and existing exporters.

(d) The Department of Commerce through DGFT has taken measures to promote exports from  all  22  districts  of  Haryana  including  the  Bhiwani-Mahendragarh  region  under  the Districts  as  Export  Hubs  (DEH)  Initiative.  DGFT,  in  consultation  with  stakeholders,  has identified products and services with export potential in all the districts of Haryana. Further, Institutional  Mechanism  in  the  forms  of  District  Export  Promotion  Committee  (DEPC)  at district  level  and  State  Export  Promotion  Committee  (SEPC)  has  been  set  up  in  the  State. DEPC meetings have been conducted in 16 of the districts. Further, District Export Action Plans have also been prepared for 16 districts of Haryana.

## Statement referred to in reply of part (a) & (b) of Lok Sabha Unstarred question no. 2364 for answer on 10 th December 2024.

Major commodity-wise export achievement during  2024-25 (April-October) is as below:

Value in US$ Million

| S. No.   | Major Commodity                                       | Export Achievement (Apr-Oct, 2024 )   |
|----------|-------------------------------------------------------|---------------------------------------|
| 1        | Tea                                                   | 526                                   |
| 2        | Coffee                                                | 1,047                                 |
| 3        | Rice                                                  | 6,170                                 |
| 4        | Other Cereals                                         | 121                                   |
| 5        | Tobacco                                               | 1,188                                 |
| 6        | Spices                                                | 2,476                                 |
| 7        | Cashew                                                | 166                                   |
| 8        | Oil Meals                                             | 801                                   |
| 9        | Oil Seeds                                             | 751                                   |
| 10       | Fruits And Vegetables                                 | 2,013                                 |
| 11       | Cereal Preparations And Miscellaneous Processed Item  | 1,813                                 |
| 12       | Meat, Dairy And Poultry Products                      | 2,686                                 |
| 13       | Marine Products                                       | 4,189                                 |
| 14       | Iron Ore                                              | 1,237                                 |
| 15       | Mica, Coal And Other Ores, Minerals Including Process | 2,691                                 |
| 16       | Ceramic Products And Glassware                        | 2,333                                 |
| 17       | Organic &Inorganic Chemical                           | 16,817                                |
| 18       | Petroleum Products                                    | 39,068                                |
| 19       | Plastic And Linoleum                                  | 5,211                                 |
| 20       | Leather And Leather Manufactures                      | 2,606                                 |
| 21       | Gems And Jewellery                                    | 17,160                                |
| 22       | Drugs And Pharmaceuticals                             | 17,032                                |
| 23       | Engineering Goods                                     | 67,426                                |
| 24       | Electronic Goods                                      | 19,068                                |
| 25       | Cotton Yarn/Fabs./Madeups, Handloom Products Etc.     | 6,989                                 |
| 26       | Man-Made Yarn/Fabs./Madeups Etc.                      | 2,833                                 |
| 27       | Rmg Of All Textiles                                   | 8,725                                 |
| 28       | Jute Mfg. Including Floor Covering                    | 208                                   |
| 29       | Carpet                                                | 892                                   |
| 30       | Handicrafts Excl. Hand Made Carpet                    | 1,049                                 |
| 31       | Other commodities                                     | 14,943                                |
| Total    | Total                                                 | 2,50,237                              |

Source: DGCI&S

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