India’s new foreign trade policy (FTP) for 2015-20 has set a $900 billion goods and services export target. It is almost double the $465.9 billion achieved during 2013-14.
Interestingly, the policy prefaces the numerical objective with a rare pithy statement: “A vision is best achieved through measurable targets.” But the fact is, most of India’s key diplomatic engagements, at bilateral, plurilateral or even multilateral levels, are defined by such targets.