KOLKATA, Mar 30: Engineering goods exports is just US$ 9.04 billion away from surpassing last year’s numbers and hence the exporters need to crank up their production and push the shipments, according to EEPC India chairman Arun Kumar Garodia.
” As the current financial year is set to close in days,” Garodia urged exporters in a message to the member exporters to get creative with export strategies.
March is our moment to make history. Let’s crank up the production lines, get creative with our strategies, and push our exports over the top. We’re not just aiming to match last year’s numbers; we’re going to beat them and set a new high score for India’s engineering exports,” Garodia wrote.
He said, “Let’s act with urgency and demonstrate our industry’s exceptional capabilities to the global market.”
Engineering goods exports had hit US$ 107.04 billion in the financial year 2022-23.
In the last few months, engineering exports from India have been on a steady growth path and registered 15.9 percent year-on-year growth in February this year, the highest in the current fiscal so far.
With exports picking up pace in the second half of the current financial year, cumulative exports have narrowed down.
Engineering goods exports in the April-February period of FY24 stood at US$ 98.03 billion, up 1.23 pc as compared to US$ 96.84 billion in the corresponding period of the previous year.
(UNI)
Follow our WhatsApp channel
