India’s economic policies are rooted in inclusive growth and social empowerment, Union Finance Minister Nirmala Sitharaman said Friday, telling the global financial leaders that India is committed to global collaboration even as it pursues its long-term vision of becoming a high-income economy by 2047.

“As India pursues its long-term vision of becoming a high-income economy by 2047, it remains committed to global collaboration. The government is working toward USD one trillion in merchandise exports by 2030, leveraging improved logistics, trade reforms, and deeper integration into global value chains,” Sitharaman said in her remarks to the Development Committee of the World Bank.