WE EXPECT MERCHANDISE EXPORTS AT $435-440 BN IN FY24: AJAY SAHAI

There has been transformation in India’s exports led by the Government’s treatment of exports as a matter of national priority, infrastructure investment, and Prime Minister Narendra Modi’s best equations with some key counterparts which have helped in top FTA deals, Director General & CEO of Federation of Indian Export Organisations Ajay Sahai tells The Sunday Guardian

- NIVEDITA MUKHERJEE

Q:As elections approach and India looks to a new innings in governance, how different is the export scenario now as compared to the decade earlier?

A:If you are looking at the period before the Modi Government, and at export performance, we have to see this from the prism of the entire ecosystem because exports cannot be taken in isolation. India had the advantage because we were not being bound by the discipline of the WTO. There are years in which during the previous government exports had moved up. Probably there were more schemes to support export because it was possible to provide that cushion. From that perspective after the first series of economic reforms in 1991, export has certainly been taken as a priority and export