India Aims for $2 Trillion in Exports by 2030: Can Policy and Strategy Power the Push?
India is aiming to reach US$ 2 trillion in exports by 2030. Backed by Make in India, PLI, and other schemes, can government policies meet the rising global demand and boost India's role in world trade?
New Delhi, April 2025. As India sets its sights on becoming a global trade powerhouse, the government has outlined an ambitious export target of US$ 2 trillion by 2030. The goal reflects the country’s intent to not only sustain economic momentum but also enhance its position in the global supply chain.
In 2023, exports of goods and services contributed over 21% to India’s GDP, a significant leap from just 13% in 2000. This steady rise highlights the growing role of exports in India’s economic framework, which has transitioned over the years from an agriculture-led model to one driven by industry and services.
The Big Target: $2 Trillion by 2030
India’s export target of $2 trillion by the end of the decade is not merely aspirational—it is a strategic move to position India as a reliable and resilient trade partner. Achieving this will require more than just strong global demand; it will depend on focused domestic reforms and targeted sectoral growth.
Key enablers for this ambitious goal include government-led programmes like:
Make in India: Focuses on boosting manufacturing and attracting foreign investment.
Atmanirbhar Bharat: Aims to make India self-reliant while expanding domestic production capabilities.
Production Linked Incentive (PLI) Schemes: Designed to reward high-performing manufacturing sectors and create export-ready infrastructure.
Policy Push to Drive Exports
Launched in 2014, the Make in India campaign has played a pivotal role in boosting manufacturing capabilities. The government aims for the sector to contribute 25% to GDP by 2025, up from 17% in 2023. The PLI schemes have already started yielding results in industries such as electronics, pharma, textiles, and telecom. These initiatives not only support job creation but also reduce import dependence and boost export competitiveness. Furthermore, recent changes in Foreign Trade Policy (FTP) and simplification of export procedures have made it easier for MSMEs and large exporters alike to scale up globally.
India’s Place in the Global Market
India’s efforts to expand its export footprint are also aligned with global shifts in supply chains. As businesses seek alternatives to traditional manufacturing hubs, India stands to benefit—provided it strengthens logistics, infrastructure, and regulatory clarity.
To match global standards, the country is also investing in port-led development, digital trade facilitation, and improved customs clearance mechanisms.
Challenges Ahead
While the vision is clear, several challenges remain:
Infrastructure bottlenecks in logistics and warehousing
High compliance costs for small exporters
Need for improved access to finance and credit insurance
Ensuring global quality certifications for Indian goods
India’s US$ 2 trillion export target by 2030 is bold but within reach—provided strategic reforms continue and global demand remains favorable. Program like Make in India and PLI have laid a strong foundation. The next few years will be critical to converting this potential into performance. With strong political will, private sector participation, and continued policy support, India could well emerge as a global export hub by the end of the decade.
