India's merchandise and services exports would touch the $540 billion mark this fiscal, Commerce Minister Suresh Prabhu said on Thursday.
Prabhu said exports are growing at a healthy pace and shipments of goods would reach over $330 billion.
Similarly, services exports would touch about $200 billion, according to Prabhu.
In total, both "merchandise and services exports put together will reach about $540 billion" by the end of this fiscal, the minister said at a function in Delhi.
During April-February 2018-19, the goods exports segment grew by 8.85 per cent to $298.47 billion.
Talking about the stalled negotiations for a free trade agreement between India and the European Union, Prabhu said India is keen to resume the talks.
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"We are really keen to have this FTA with EU. India will work to find a workable deal," Prabhu said.
The negotiations for the pact, officially dubbed as the Bilateral Trade and Investment Agreement (BTIA), have been held up since May 2013 and have witnessed many hurdles.
The negotiations for the pact were launched in 2007.
