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India Export

The target was to achieve an export of USD 1 trillion by 2030 and with the mega success of Atmanirbhar Bharat, the GoI has revised the target to USD 2 trillion by 2030. Remember the current GDP itself is around USD 3.5 trillion… so you can imagine the wealth creation opportunities over the next 7 years. With such achievements and less demand of USD to meet import obligations, INR may remain stable or it can only strengthen!!! India has now achieved the target of mixing 20% ethanol in petrol/diesel well ahead of time!!! By 2026, non fossil fuel component like solar/Green hydrogen will be around 30% of energy needs.. Most importantly, the logistics cost which is around 14% of GDP is targeted to be brought down to 8% by 2028 very close to the cost in developed countries which is around 7%..  This will be a game changer.. Just stay invested in Indian equities till 2030 and realize your dreams of wealth creation