Will Come Up With Measures To Expand India's Presence In Global Mkts: Goyal

In his first comments after the imposition of 50 per cent tariffs by the US this week, Union Commerce and Industry Minister Piyush Goyal on Friday dubbed it as a "unilateral action" and asserted that India was taking a host of steps to support every sector and to expand its presence in global markets.

- SHREYA NANDI

The Union minister exuded confidence that the measures will ensure that India's exports in the current financial year will exceed that of last year's.

India exported goods worth $437 billion during the financial year 2025 (FY25). During the first four months of the current financial year (April-July), India has exported goods worth $149 billion.

"In the days ahead, the government will be coming out with a variety of measures to support every sector, both to expand domestic outreach and look for complementarities with other markets around the world, to expand global foray. So that this year exports exceed last year's," Goyal said at an event organised by the Confederation of Indian Industry (CII).