May 2026 | Source: Commerce Ministry
OVERVIEW:
Commerce Minister Piyush Goyal chairs high-level review meeting on Plan of Action for achieving
USD 2 Trillion Export Target with Export Promotion Councils (EPCs).
KEY HIGHLIGHTS:
- Target: USD 2 Trillion exports
- Timeline: 5 years
- FY27 interim target: USD 1 Trillion
- FY26 achieved: USD 863 billion (record)
- All 39 EPCs reviewing action plans
- Sector-wise targets being set
- Key focus sectors:
- Engineering goods (EEPC)
- Gems & Jewellery (GJEPC)
- Apparel (AEPC)
- Chemicals (CHEMEXCIL)
- Leather (CLE)
- Handicrafts (EPCH)
WHAT THIS MEANS:
More export incentives, market access
and support for Indian exporters
across all sectors expected.
SOURCE: Commerce Ministry | PIB May 2026