Topic
100 billion
India-Latin America Trade to Reach USD 100 Billion by 2030 from USD 50 Billion: Uruguay Ambassador
Uruguay Ambassador Alberto Antonio Guani Amarilla announced that trade between India and Latin America is expected to double to USD 100 billion by 2030 from the current USD 50 billion. Speaking at the LAC FIRST conference in New Delhi, he highlighted the need to expand the India-Mercosur Preferential Trade Agreement from 450 to 3,000 products as a step toward a free trade agreement, with key sectors including minerals, agro-industries, and pharmaceuticals.
India targets $100 billion textile exports by 2030, focus on sustainability, FTAs
India targets $100 billion in textile exports by 2030, with a focus on sustainability and leveraging free trade agreements. Union Minister Giriraj Singh and commerce officials outlined the strategy at a two-day summit, emphasizing traceability, recycling, and district-level export hubs.