<h1>India Aims to Double Exports to $500 Billion by 2014 with Strategic Focus on Key Sectors and Challenges.</h1> The Union Minister of Commerce, Industry, and Textiles chaired a meeting focused on doubling India's exports to $500 billion by 2014. The strategy, developed amid global economic challenges, aims for an annual growth of 26.7% and includes four pillars: product strategy, market strategy, technology and R&D, and brand building. Key sectors identified for growth include engineering goods, chemicals, pharmaceuticals, and electronics. Special attention is given to labor-intensive sectors like gems, jewelry, and agriculture. Concerns discussed included trade deficits, currency volatility, infrastructure issues, and labor shortages. Parliamentary members and senior ministry officials attended the meeting.