Indian economy has shown significant resilience amidst the pandemic and trade shock. Commerce Secretary Dr Anup Wadhawan today said that cumulative value of overall exports during the financial year 2020-21 has been estimated at over 490 Billion dollars. The period has registered a negative growth of 6.66 per cent as compared to the previous financial year. He said that this reflects a remarkable recovery over the course of the financial year after the huge downturn in April 2020. <br />''<br />''The Commerce Ministry has said that overall export for March 2021 has registered a positive growth of over 30 per cent as compared to March 2020, thereby reflecting the build-up of a strong recovery in exports. Dr Wadhawan said that prospects for a quick recovery in world trade have improved as merchandise trade expanded more rapidly than expected in the second half of last year. He said that WTO has projected that world merchandise trade volume will increase this year. He added that COVID period has revealed new opportunities for Indian food sector in the international market and reinforced India's dominance in the pharma sector. <br />''<br />''<br />''<span style="color: #222222;">He said that our export sector is set to take off on the back of significant improvement in Ease of Doing Business, creation of a plug and play investment and manufacturing environment across various industrial corridors, and launch of the Production Linked Incentive schemes across 13 sectors.</span><br />