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| India's rising exports reflect PM Narendra Modi's vision for a self-reliant and globally competitive economy: Khatana | | |  Early Times Report
NEW DELHI, July 28: Senior BJP leader and Rajya Sabha Member of Parliament (Nominated ) Er. Gulam Ali Khatana today said that India's sustained growth in exports and strong economic performance across multiple sectors demonstrate the success of Prime Minister Narendra Modi's leadership and the government's policies aimed at transforming India into a global manufacturing and export hub.
The Rajya Sabha MP said that despite global economic uncertainties, supply chain disruptions, and geopolitical challenges, India has continued to register impressive growth in exports, industrial production, and brand value, reflecting the resilience of the Indian economy and the confidence of global markets in India.
Highlighting recent economic indicators, the MP noted that the Tata Group retained its position as India's most valuable brand for the eighteenth consecutive year with a brand value of US$33.6 billion, while the combined value of India's top 100 brands increased by 7 per cent to US$252.8 billion. He said this reflects the growing global reputation of Indian companies and the country's expanding economic influence.
He further pointed out that India Post achieved its highest-ever first-quarter revenue of ?4,008 crore, registering a 22.2 per cent increase over the previous year. According to him, the sharp rise in parcel services, mail revenue and citizen-centric services demonstrates the successful modernisation of public institutions and the expanding reach of digital governance.
The MP said that India's automobile industry has achieved another milestone, with passenger vehicle sales reaching a record 12.74 lakh units during the first quarter of FY 2026-27. He added that exports of passenger vehicles, commercial vehicles, two-wheelers and three-wheelers have also grown significantly, reinforcing India's position as one of the world's leading automobile manufacturing centres.
Referring to agricultural exports, he said that India's whole cardamom exports have more than tripled in just two years to cross US$436 million, with strong demand from the United Arab Emirates, Saudi Arabia and Bangladesh. He added that the remarkable growth reflects the increasing global acceptance of Indian agricultural products.
The Rajya Sabha MP also highlighted the impressive performance of the gems and jewellery sector, where exports increased by 26 per cent in June, driven by strong demand for gold jewellery, studded jewellery and lab-grown diamonds. He said this demonstrates the competitiveness of Indian craftsmanship and manufacturing in international markets.
Speaking about India's traditional food industry, he said Indian sweets and namkeen are increasingly becoming household favourites across global markets. With exports growing by more than 10 per cent annually, products such as gulab jamun, motichoor laddus and a wide range of Indian snacks are strengthening India's cultural and commercial presence worldwide.
He also noted that fertiliser exports have increased by more than 50 per cent over the past three years, particularly to countries such as Brazil and Sri Lanka, while emphasising the government's continued efforts to strengthen domestic manufacturing and reduce import dependence. |
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