New Delhi: The Confederation of Indian Industry (CII) has identified 31 items, including women’s apparel, drugs, cyclic hydrocarbons, and furniture, with high potential for exports in a new study on boosting merchandise exports. The identification of the products comes in the light of moderating export growth in the first quarter of 2019-20 as a result of global trade developments.
CII Director General Chandrajit Banerjee said: “A targeted export strategy that identifies and boosts the right products is imperative for achieving double-digit export growth. An export strategy assumes greater significance given a rapidly changing global trade landscape, shifting of global value chains and new free trade agreements, including mega trade agreements.”(IANS)