Industry & Economy
-
Exports & Imports
‘$160-b export target achievable’
Our Bureau
New Delhi, Aug. 28 The Centre is confident of meeting the $160 billion export target set for the fiscal provided the rupee continues at “present levels” against the dollar.
“We are confident of meeting the export target set for 2007-08, if the rupee remains at 40-41 to a dollar. There is no need to revise the export target,” the Commerce Secretary, Mr G.K. Pillai, told reporters on the sidelines of a seminar organised by CII Institute of Logistics here today.
The Commerce Department is holding a series of meetings with various export promotion councils to work out ways to enhance exports, he said.
July exports up
“In July exports grew by almost 16 per cent in dollar terms over the same period of last year, while in rupee terms the growth was about six per cent,” Mr Pillai said.
The Commerce Ministry is also looking at exports worth $300 billion by 2012-13 and imports of $400 billion on the back of increased emphasis on manufacturing.
2013 target
“We are preparing a blueprint and looking at exports of $300 billion by 2013, given the growth in the manufacturing sector.”
Related Stories:
Rising rupee slows down export growth
$125-b export target for '06-07 fiscal may not be hit
Exports grow 23.6% in April, imports 40.69%
More Stories on :
Exports & Imports |
Events
Article
E-Mail
::
Comment
::
Syndication
::
Printer Friendly Page
|
