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NITI Aayog`s releases Export Preparedness Index 2021, Gujarat again tops

Gujarat topped Niti Aayog’s Export Preparedness Index 2021, followed by Maharashtra and Karnataka in second and third place, respectively. Gujarat has topped the Niti Aayog rankings for the second year in a row “s Export Preparedness Index 2021, which is intended to assess states’ preparation in terms of export potential and performance.

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Key Points:

  • According to the government think tank, Gujarat was followed by Maharashtra, Karnataka, Tamil Nadu, Haryana, Uttar Pradesh, Madhya Pradesh, Punjab, Andhra Pradesh, and Telengana “s document. Union territories and states such as Lakshadweep, Arunachal Pradesh, Mizoram, Ladakh, and Meghalaya ranked worst.  
  • NITI Aayog Vice Chairman Rajiv Kumar, speaking at the launch of the study, claimed that India’s exports are growing at 36%, while global trade is growing at 30%. “
  • After a long time, we will see India’s share of world goods trade increase from 1.6 to 1.7 percent,” he added, adding that sectors such as cars, electrical machinery, and iron and steel contributed to the expansion.
  • The world trade is about USD 24 trillion, with India’s exports worth USD 400 billion, indicating “huge” potential.
  • The Export Preparedness Index measures a state’s readiness to export in terms of potential and performance.

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