New Delhi, July 4 -- Commerce and Industry Minister Piyush Goyal on Friday projected that India's merchandise exports could grow by 16-17 per cent and services exports by 10-11 per cent in the current financial year.

Speaking after a meeting of the Board of Trade, Goyal said the projected growth could take merchandise exports to around USD 530 billion and services exports to about USD 470 billion in FY27, putting total exports within reach of the USD 1 trillion target.

He emphasised that the goal, though ambitious, is achievable through coordinated efforts by the Centre, states, industry, and exporters.

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