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May 04 2026

Union Minister of Commerce and Industry Shri Piyush Goyal chairs review meeting on Plan of Action for achieving USD 2 Trillion Export Target by 2030-31

The Union Minister of Commerce and Industry, Shri Piyush Goyal, chaired a high-level review meeting on 29.4.2026 to deliberate on the Plan of Action for achieving India’s USD 2 Trillion export target by 2030–31 and to review the implementation of the Export Promotion Mission (EPM).

India is targeting USD 2 Trillion in total exports by 2030–31, comprising USD 1 Trillion in merchandise exports and USD 1 Trillion in services exports. The Department of Commerce has developed a structured Export Monitoring Framework, which breaks down the national target into sector-wise actions across Engineering Goods, Textiles, Electronics, Pharmaceuticals, Chemicals and Services. Chairman Shri Badiga Srikanth and CGC member Shri Vilas Gupta represented on behalf of EPCES. Shri Badiga raised the problems being faced in the recent notification on SEZ to DTA supplies on concessional duties, long pending issues of INR payment for supply of services to DTA and reverse job work

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