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$400 billion target: India seeks to double UAE exports, raise bar for US and UK

India is looking to double its goods exports to the UAE this fiscal and substantially increase its outbound shipments to the US, the UK, Singapore and Hong Kong as part of its plan to achieve a record $400 billion in merchandise exports this year.

The commerce and industry ministry has set country-wise goals targeting a 32% rise on-year in exports to the US at $68.33 billion, 110% increase at $35.02 billion to the UAE and 49% growth over FY21 in its exports to Singapore at around $13 billion

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