Current Affairs - Finance - Discussion

India has set an ambitious export target of $100 billion for the Food & Beverage (F&B), agriculture, and marine sectors over the next five years. Union Minister Piyush Goyal announced this during Indusfood 2025, emphasizing the need for 14-15% annual growth to meet this goal. The success of Indusfood 2025 and the initiatives by APEDA and MPEDA have been instrumental in achieving last year’s $50 billion in exports, highlighting India’s strong position in global trade. This target also reflects India’s focus on leveraging its agricultural and marine strengths for economic growth.