Piyush Goyal presents LEAPS 2025 awards and releases LEADS 2025 report; exports at record US$863 billion
On 13 May 2026 Commerce Minister Piyush Goyal gave the LEAPS 2025 logistics awards in 13 categories, released the LEADS 2025 report, and said India's exports hit a record US$863 billion with a US$1 trillion target for the current year.
Summary
Commerce and Industry Minister Piyush Goyal presented the LEAPS Awards 2025 in 13 categories covering core logistics, MSMEs, startups and institutions, and released the LEADS 2025 report benchmarking logistics performance of States and UTs, in New Delhi on 13 May 2026. Goyal said India achieved record exports of US$863 billion and has set an aspirational export target of US$1 trillion for the current year. He said India has covered 38 developed economies through nine Free Trade Agreements in the last three and a half years, four of them operational and five expected within 12 months. Talks are under way with the Gulf Cooperation Council, Canada, Chile, Mexico and others, with the Chile and Maldives agreements expected by the end of the year.
Key facts
- Event
- 13 May 2026, New Delhi: LEAPS Awards 2025 (13 categories) and LEADS 2025 report
- Exports
- Record US$863 billion; US$1 trillion target for current year
- FTAs
- Nine FTAs with 38 developed economies in 3.5 years; four operational, five within 12 months
- Talks
- GCC, Canada, Chile, Mexico; Chile and Maldives expected by year-end
Practice MCQs 2 questions
According to Commerce Minister Piyush Goyal (May 2026), India achieved record exports of about how much?
Show answer
Correct answer: C — US$863 billion
Goyal said India achieved record exports of US$863 billion and set an aspirational target of US$1 trillion for the current year.
As stated by Piyush Goyal in May 2026, over the last three and a half years India has covered how many developed economies through how many FTAs?
Show answer
Correct answer: D — 38 economies through 9 FTAs
India has covered 38 developed and prosperous economies through nine FTAs, four already operational and five expected within 12 months.