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business bureauthe country’s merchandise exports are likely to cross usd 500 billion this fiscal due to healthy demand for domestic goods in key global markets, including the us, and benefits from trade pacts, according to exporter
They said that other destinations like Russia would give a huge boost to the country s outbound shipments, particularly in the agri and food processing sectors.
Exporters have demanded support measures, including enhanced allocations for RoDTEP scheme, high import duty on plastic finished goods, setting up of an Indian shipping line and reinstating exemption for duty free import of critical inputs for leather products, in the forthcoming Budget to promote growth of the country's outbound shipments.