The government on Tuesday said exports have maintained a double-digit growth despite rupee appreciation and there was no plan to finetune the strategy to achieve the targetted 12 per cent annual growth this year.
"Despite hardening of rupee and this year's growth being on a higher base, the exports achieved 11.06 per cent grwth in the first quarter this fiscal against the target of 12 per cent," Commerce Minister Arun Jaitley told an interactive session with the Forum of Financial Writers.
"It is a satisfactory figure and we hope this trend will continue," Jaitley said.
India's merchandise exports crossed $50-billion mark for the first time in 2002-03 and with 12 per cent growth, it is expected to surge towards $60 billion mark this year.
"We are becoming an important player even in terms of exports and we can have some satisfaction in the fact that merchandised imports surges have not taken place," he said.
The five-year medium term export strategy started in 2002-03, envisaged 11.9 per cent annual growth to take India's annual exports to $80 billion by 2007-08.