US to engineering exports may double in 2-3 years because of Obama's visit: EEPC India
The biggest issue of the visit of President Barack Obama in New Delhi, is that the Indian engineering industry can aspire to double its exports to the US $ 15 billion in the next two to three years, maintaining the tempo made in the current year, EEPC India Chairman Anupam Shah said Tuesday.
"In fact, in a very difficult year for the global economy when multilateral agencies like the IMF and the World Bank had expected slow growth in international trade, the United States has proven to be a glimmer of hope for Indian exports of engineering goods. exports of engineering, including value-added products such as aircraft and spacecraft parts, the United States has increased by nearly 30 percent to 5, $ 8 billion in the April-December 2014 to 15 of $ 4.45 billion during the same period last year, '' Chairman of EEPC India (formerly Engineering Export Promotion Council) said. financial can close shipments of engineering goods to the United States in the range of $ 7.5 billion.
For the last month of December, 2014, engineering exports to the United States increased by a whopping 33 percent from $ 723 million $ 544 million a year ago thanks to a smart recovery seen in US economy
The biggest issue of the visit of President Barack Obama in New Delhi, is that the Indian engineering industry can aspire to double its exports to the US $ 15 billion in the next two to three years, maintaining the tempo made in the current year, EEPC India Chairman Anupam Shah said Tuesday.
"In fact, in a very difficult year for the global economy when multilateral agencies like the IMF and the World Bank had expected slow growth in international trade, the United States has proven to be a glimmer of hope for Indian exports of engineering goods. exports of engineering, including value-added products such as aircraft and spacecraft parts, the United States has increased by nearly 30 percent to 5, $ 8 billion in the April-December 2014 to 15 of $ 4.45 billion during the same period last year, '' Chairman of EEPC India (formerly Engineering Export Promotion Council) said. financial can close shipments of engineering goods to the United States in the range of $ 7.5 billion.
For the last month of December, 2014, engineering exports to the United States increased by a whopping 33 percent from $ 723 million $ 544 million a year ago thanks to a smart recovery seen in US economy
0 comments:
Post a Comment