<h1>India Targets $650 Billion Exports in 2023; Focus on Merchandise and Services Amid Challenges.</h1> The Minister of Commerce and Industry announced that India's export target of USD 650 billion for the current financial year is achievable, with merchandise exports aiming for USD 400 billion and services for USD 250 billion. Despite challenges such as the Omicron variant, December saw USD 37 billion in goods exports. The government is committed to supporting Export Promotion Councils and improving business conditions, including reducing over 25,000 compliances. The Minister emphasized the importance of transformational growth and encouraged utilizing government initiatives like the National Single Window System for business clearances.