Can India really triple its merchandise exports by 2035? What would it take to sustain export growth of 13% a year for nearly a decade?

In this audio, Debashis Basu examines India’s export ambitions through the lens of history—drawing lessons from export champions such as South Korea, Taiwan, Thailand, Malaysia and Vietnam. These countries achieved extraordinary export growth under very specific conditions: cheap currencies, disciplined policy execution, low wages, deep global integration and strong state coordination.

India, by contrast, faces rising global protectionism, aggressive dumping by China, a weak manufacturing base and an overwhelming burden of red tape. With over 69,000 compliances and thousands of annual filings, regulatory friction continues to choke competitiveness.

Using hard data and international comparisons, this video explains why incremental reforms may not be enough—and why India’s export dreams risk remaining aspirational without fundamental structural change.

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