More than half a percentage of India’s total export in FY23 was merchandise exports, followed by services exports. However, it used to be mostly services 10-15 years ago, said Electronics and Information Technology Minister Ashwini Vaishnaw while highlighting the success of Make in India.He also called the boost to export due to manufacturing a major achievement for the country.
In the last financial year, a total of 762 billion dollars of exports was recorded. Out of this, 453 billion dollars was merchandise exports, services exports were 309 billion dollars. The picture was not the same 10-15 years ago when the export was led by services export mostly, Union Minister told ANI on Thursday.
https://www.livemint.com/news/india/more-jobs-boost-to-manufacturing-toys-export-union-minister-ashwini-vaishnaw-explains-make-in-india-success-pm-modi-11701944473483.html