Friday, July 31, 2026

Target to become a country with 10 trillion dollar export, Maharashtra at first place in the index

The coastal states are ahead among the exporting regions from India. According to the Export Readiness Index – 2024 released by NITI Aayog on Wednesday, Maharashtra is at number one. After that Tamil Nadu is at second place and Gujarat is at third place. The report shows that now exports from the states within the country are also increasing, due to which their ranking is improving rapidly. According to the report, Uttar Pradesh has come to fourth place in terms of exports.

Target till 2047

Releasing the report, NITI Aayog Chief Executive Officer BVR Subramaniam has said that India should aim to become an export economy of eight to 10 trillion dollars by the year 2047. This index is based on 70 parameters and it helps investors to understand how prepared which state is for exports and what kind of facilities it is providing. Now the direction and pace of India’s exports will be decided by the preparedness of the states and districts. Uttar Pradesh, Punjab and Haryana have shown good improvement in the index. This shows that there has been improvement in policies, structures and export arrangements in these states.

Emphasis on competition in cost and quality

NITI Aayog member Dr. Arvind Virmani said that improvement is not possible without proper measurement. Self-reliant India does not mean saving expensive or poor quality goods, but competing in both cost and quality. There has been a good growth in India’s exports in 2025. According to government data, India’s total exports of goods and services during the year 2025 (April to November) reached about $ 562 billion, which is about 5.4 percent more than last year. Exports of electronics, engineering goods, medicines, rice and other products have increased rapidly.

States will get help from the report

Index 2024 has been built on four main pillars. Under these, 13 sub-pillars and 70 criteria have been kept. NITI Aayog believes that the report will help the states understand their weaknesses and strengths. This will help the government in improving policies, which will create new employment opportunities and increase India’s participation in the world market.

Report prepared on these four main pillars

Export Infrastructure Power, Transport, Warehousing and Logistics

Business Environment, Economy, Cost, Human Resources, Finance and Small Industries

Policy and Governance: State policies and rules and regulations

Export performance, export status, growth and market access

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