 "India’s exports in tune with global demand: FIEO")
Contrary to popular perception, a study has found that exports from India are in sync with global demand and as such significantly raising India’s exports may be a difficult task.
Analysing India’s exports, the Federation of Indian Export Organisations (FIEO) has pointed out that more than 50 per cent of India’s exports — across the top 200 product lines — are part of 58 per cent of global imports of the same products.
Therefore, at an aggregate level, exports from India square with global trends in imports, FIEO has said, adding that, this represents a long-term trend.
Analysing India’s exports, the Federation of Indian Export Organisations (FIEO) has pointed out that more than 50 per cent of India’s exports — across the top 200 product lines — are part of 58 per cent of global imports of the same products.
Therefore, at an aggregate level, exports from India square with global trends in imports, FIEO has said, adding that, this represents a long-term trend.
