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EEPC believes that entering into more free trade agreements, especially with countries in Latin America and Africa, would provide exporters with deeper access to new and emerging markets, Engineering Export Promotion Council of India Chairman Arun Kumar Garodia said.
Exports of gems and jewellery, petroleum products, and engineering goods, however, declined because of a global slowdown in demand
According to data provided by the Ministry of Commerce and Industry, India’s overall exports (Merchandise and Services combined) in October 2023 is estimated to be USD 62.26 Billion, exhibiting a positive growth of 9.43 per cent over October 2022. Overall imports in October 2023 is estimated to be USD 79.35 Billion, exhibiting a positive growth…
India’s overall exports (Merchandise and Services combined) in October 2023* is estimated to be USD 62.26 Billion, exhibiting a positive growth of 9.43 per cent over October 2022. Overall imports in October 2023* is estimated to be USD 79.35 Billio
“For developing countries aiming to maintain growth while sustaining job creation, manufacturing offers an opportunity not only to rebalance the economy towards higher value-added sectors but also to provide a relatively wide employment base with...