It is perhaps worth mentioning the scale of this. This is 2,70,000 of merchandise exports
Here we can see jan-20 exports at 1,84,000 cr. This is a cagr growth of 13.6% and includes 2 years of covid in between. This is nothing short of remarkable. Merchandise Exports will really start to contribute to GDP in 5-10 years of it can keep growing at 14% cagr.
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