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11 June 2012

India will achieve 50,000 crore dollar in exports

In the next financial year 2013-14,India's exports will increase upto 50,000 cr dollars,Commerce and industry minister Anand sharma said in the meeting.

Anand sharma said at a seminar organised by the Indian chamber of commerce and industry,he believes that we will achieve the $500 billion target (2013-14).

We are clear that we could not wait for demand in traditional markets of the Europe after they affected in global financial crisis and we are moving on positive approach.

India's total exports, 62 percent ($188 billion) to Africa,Latin america and other asia nations.

At present,we have identified that 112 markets across the world. We are planning to expand and coverage of the market.

This fiscal year in the first half of 2011-12, 2,445 crore dollar with 3.23 percent growth, which is less compared to the last year same period with the value of 2,369 crore dollars

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