NITI Aayog CEO: India Must Target $8-10 Trillion Export Economy by 2047

• NITI Aayog CEO BVR Subrahmanyam stated India should aim for an $8-10 trillion export economy by 2047, releasing the fourth Export Preparedness Index.
• The index, based on 70 parameters, assesses states' export readiness, showing coastal states lead but inland states like Uttar Pradesh, Punjab, and Haryana are improving.
• Dr. Arvind Virmani emphasized that Aatmanirbhar Bharat focuses on competitiveness, not protectionism for high-cost or low-quality goods.
• India's merchandise and services exports reached an estimated $562.13 billion by November 2025 (April-November period), a 5.43% increase driven by electronics, engineering, pharma, and rice.
• The government is diversifying export destinations due to volatile external environments and collaborating with MoSPI and RBI for detailed services data.

Why It Matters: India aims for an $8-10 trillion export economy by 2047, driven by improved state preparedness and competitiveness.