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(This story has not been edited by THE WEEK and is auto-generated from a PTI

Negotiating trade pacts with certain G20 countries and diversifying exports to regions like Brazil and Mexico could help India boost outbound shipments and manufacturing in the years to come, Chairman, CII national committee on EXIM, Sanjay Budhia, said on Wednesday. He said that tapping into opportunities in G20 countries is crucial for Indias economic growth and global influence.

India should diversify its export markets within the G20 countries, Budhia, who is also Managing Director of Patton Group, said.

Get latest articles and stories on India at LatestLY. Negotiating trade pacts with certain G20 countries and diversifying exports to regions like Brazil and Mexico could help India boost outbound shipments and manufacturing in the years to come, Chairman, CII national committee on EXIM, Sanjay Budhia, said on Wednesday. India News | Trade Pacts with G20 Member Countries Can Help India Boost Exports: CII EXIM Panel Chairman.

"With the right policies, coupled with fearless and proactive approach and implementation, India can stay on positive growth trajectory to achieve the ambitious export target of USD 2 trillion by 2030," he said at a workshop on export control on dual-use items.

On the commitment received from the industry in the last summit that was held in January 2022 and the state’s expectation for the meeting, principal adviser to the chief minister Amit Mitra said it had received investment proposals of Rs 3.50 lakh crore

An early solution for restoration of GSP benefits by the US to Indian exporters is the need of the hour as it would help further boost the bilateral trade, said Sanjay Budhia, chairman of the CII national committee on EXIM. India and the US have agreed to discuss New Delhis demand for restoration of Generalized System of Preferences (GSP) benefits to domestic exporters and now both sides will commence discussions to find a solution.

India and the US have agreed to discuss New Delhis demand for restoration of Generalized System of Preferences (GSP) benefits to domestic exporters and now both sides will commence discussions to find a solution.

An early solution for restoration of GSP benefits by the US to Indian exporters is the need of the hour as it would help further boost the bilateral trade, Chairman of the CII national committee on EXIM Sanjay Budhia said on Wednesday.

Exports during April-May this fiscal contracted 11.41 per cent to $69.72 billion, while imports declined 10.24 per cent to $107 billion