India’s exports hit $400 billion in FY22, marking a “milestone toward self-reliance,” according to Prime Minister Narendra Modi.

With a week left in the fiscal year, India has set a new record for exports. PM Narendra Modi refers to it as “Atmanirbhar Bharat,” a turning point in the country’s quest for self-sufficiency. Electronic items, technical equipment, cotton yarn, and chemicals dominated outbound shipments in February, according to data issued by the Union Ministry of Commerce and Industry. “This is a significant turning point in our Aatmanirbhar Bharat journey,” he remarked.