September engineering goods exports cross $9 billion: EEPC
The Hindu
‘FTAs welcome, but guard against spurring imports’
Exports of engineering goods have crossed $9 billion in September 2021, even 22 out of 25 top export destinations such as China, the U.K. and the UAE have recorded growth, EEPC said.
The share of engineering goods in overall merchandise exports stood at 26.7% in September, the export promotion body said.
Engineering Export Promotion Council (EEPC) chairman Mahesh Desai said that India’s cumulative engineering exports rose from $32.4 billion in April-September, 2020 to $52.3 billion in the same period this year.
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