Goods exports likely to fall 8-10% in FY21: Piyush Goyal

'We will be almost getting back to the level of trade in goods that we did last year, possibly a 8-10% shortage. That's all,' says commerce minister at an event

Despite coronavirus pandemic, India is moving closer to last year’s level of trade, with export of goods facing 8-10% decline by the end of current fiscal, as compared to the period a year ago, commerce and industry minister Piyush Goyal said on Tuesday.

“Other than tourism and hospitality, we will close the year with 90% of our services exported worldwide as compared to what we did in the previous year. We will be almost getting back to the level of trade in goods that we did last year, possibly a 8-10% shortage. That’s all,” Goyal said, adding that the two