Export Preparedness Index Highlights India’s $8–10 Trillion Export Ambition by 2047

India should aim to become an $8–10 trillion export economy by 2047, NITI Aayog CEO BVR Subrahmanyam said on January 14 while unveiling the fourth edition of the Export Preparedness Index. The index is designed to provide investors with a clear, data-driven view of how states rank on export readiness.

Built on 70 parameters, it offers insights into infrastructure, policy support and ecosystem development across regions. The announcement underscores the government’s focus on scaling exports as part of India’s long-term economic strategy.

Key Highlights of The Export Preparedness Index

The latest edition of the index shows coastal states continuing to dominate the rankings due to natural logistical advantages and proximity to ports. Uttar Pradesh, Punjab and Haryana have posted significant gains this year, signalling stronger export ecosystems.

However, inland states are making notable progress and moving up the index, reflecting improved infrastructure and policy initiatives. These improvements point to a more balanced growth trajectory across regions, reducing dependence on coastal hubs.

Policy Perspective and Competitiveness

Dr Arvind Virmani of NITI Aayog emphasised that improvements in export performance cannot be achieved without proper measurement. He reiterated that Aatmanirbhar Bharat is about competitiveness, which includes both cost and quality, rather than protectionism.

According to him, the goal is not to shield high-cost or low-quality goods but to enhance efficiency and global standards. This perspective aligns with India’s broader strategy of integrating with global supply chains while strengthening domestic capabilities.

Export Performance In 2025

India’s exports recorded strong growth in 2025, with total merchandise and services exports reaching an estimated $562.13 billion for the April–November period. This represents a 5.43% increase over the previous year, driven by electronics, engineering goods, pharmaceuticals and a rebound in rice exports.

The data highlights resilience in key sectors despite global uncertainties. These gains provide a foundation for India’s long-term ambition to scale exports significantly by 2047.

External Challenges and Diversification

The government has factored in the volatile external environment while shaping its export strategy. India was compelled to diversify export destinations after its largest trading partner, the United States, imposed a 50% tariff.

This development underscores the importance of reducing dependence on a few markets and expanding global outreach. The Centre is also working with the Ministry of Statistics and Programme Implementation (MoSPI) and the Reserve Bank of India (RBI) to improve disaggregated data on services exports for better policy planning.

Read More: Apple’s iPhone Exports from India Cross ₹2 Trillion in CY2025.

Conclusion

India’s aspiration to become an $8–10 trillion export economy by 2047 reflects a bold vision supported by structural reforms and data-driven strategies. The Export Preparedness Index offers a transparent framework for assessing state-level readiness and guiding investment decisions.

Recent export performance and diversification efforts indicate progress toward this long-term goal. Continued focus on competitiveness, infrastructure and policy support will be critical to achieving these ambitions.

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