India sets aspirational target for engineering exports at USD 200 bn by 2025

Last Updated: March 17, 2019

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India sets aspirational target for engineering exports at USD 200 bn by 2025

India sets aspirational target for engineering exports at USD 200 bn by 2025

17 March 2019 Current Affairs:

India can achieve a three-fold "aspirational" increase in its engineering exports to reach $200 billion by 2025, if concerted efforts are made by the government and industry to develop a conducive ecosystem, and ensuring inputs at competitive prices, according to an EEPC India-Deloitte strategy paper.
India's engineering exports, which contribute 25 per cent to the overall merchandise shipments, are projected to touch about $80-82 billion in the current financial year ending March 31.

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