New Delhi, July 3 -- Commerce and industry minister Piyush Goyal on Friday said India's exports grew 15% year-on-year in the first quarter of fiscal year 2027 (FY27), expressing confidence that the country would cross the $1 trillion exports milestone this fiscal year.

Speaking at the Board of Trade meeting in New Delhi, Goyal said achieving the target would require 17% growth in merchandise exports and 11% growth in services exports this year, while urging Indian businesses to expand beyond the domestic market.

"Come out of the cosy comfort of the domestic market," the minister said, asking exporters to strengthen their footprint in international markets.

India's total exports reached $863 billion in FY26, including $442 billion in me...