India's exports touch record high of $417.8 bn in FY22, govt calls it 'historic'

Union Commerce Minister Piyush Goyal on Sunday announced that India's exports touched a record high of $417.8 billion in FY22, and called the milestone "historic". "It's the first time that the country's yearly exports have reached this figure and the exports were 5% above the set target," Goyal said. Goods worth $40 billion were exported in March 2022 alone.