Abhijit Das, former trade negotiator, has stated that India's exports are hindered by infrastructure deficiencies and high logistics costs, making them uncompetitive on the global market. However, he believes that the government is taking steps to address these issues and expects a surge in exports within 4-5 years. India has also been signing and negotiating free trade agreements with multiple countries to boost exports. The Reserve Bank of India projects a 6.5% growth for the fiscal year, driven by digitization efforts. India's exports reached a record $770 billion in FY23, with services playing a significant role.
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