Piyush Goyal asks exporters make price adjustments to retain market share

A temporary change in pricing will help them accommodate short-term challenges, an official statement says; minister reviewed sectoral progress in exports with EPCs and Industry bodies

Amid a slowdown in outbound shipments from India, Commerce and industry minister Piyush Goyal on Monday asked exporters to make temporary changes in their pricing structure in order to retain the export market.

A temporary change in the pricing will help them accommodate short-term challenges, an official statement said.

The minister reviewed the sectoral progress in exports with Export Promotion Councils and Industry bodies in the national capital. The meeting comes in the backdrop of a faltering export growth as it reached single digits over the last three months.

The country's exports grew 4.82 per cent to $35.45 billion in