The country’s exports hit an all-time high in December and boosted 37 per cent to $37.29 billion despite the omicron scare, the government data showed. India has achieved the export target of $400 billion in 2021-22, Union Minister of Commerce & Industry Piyush Goyal said. He also noted that the omicron variant would not impact the global supply chain of the country.

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“It’s time for all Indians to feel proud that PM Modi’s call to make exports an engine of growth is taken seriously by all sections of industry, trade, commerce and exporters. Today we are assembled to celebrate that we are right on track to set out, and for the first time in nine months, we have created a history by hitting $300 billion exports and are on our way to achieving the export target of $400 billion,” he added.