Federation of India Export Organizations (FIEO) noted that the fiscal year 2021-22 is expected to end with merchandise exports of US$ 400 Billion. As this would be on a high base for FY' 2022-23 unlike last year, export growth of 30-35% on such numbers would be difficult particularly as additional exports may require augmenting the capacity as well. Moreover, the spectacular increase in global trade by about 22%, buoyed by high prices of commodities, as witnessed in 2021 will not be there to provide the tail wind to our exports.
from General News https://ift.tt/3mvetoL
Friday, December 24, 2021
FIEO Aims For Export Target Of US$460-475 Billion In Next Fiscal
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