Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2011-04-05

Export shows buoyant trend

Meanwhile the government is providing duty incentives to exporters for these new markets

The nation's exports grew by an impressive 50 percent in February on the back of rising demand from new markets including Asia, Latin America and Africa, said Federation of Indian Export Organisations (FIEO).
 
Exports went up by 49.7 percent year-on-year during February to USD 23.5 billion, taking the April-February 2010-11 figure to USD 208.2 billion, an increase of 31.4 percent over the year-ago period and past the yearly target of USD 200 billion.
 
However, Deora said that demand is still weak in several European markets. The US and Europe were the traditional markets for Indian exporters, but after the global economic crisis, exporters increased their engagement in new markets of Asia, Latin America and Africa.
 
Meanwhile the government is providing duty incentives to exporters for these new markets.
 
Imports also increased by 21.2 percent in the month under review to USD 31.7 billion, leaving a trade deficit of USD 8.1 billion, according to the Commerce Ministry data released on Friday.

Related opportunities
  • About Us: Exponential learning Pvt. Ltd. is an established institute based..
    Locations looking for expansion Rajasthan
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 2500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Jaipur Rajasthan
  • About Us: ALKALINE WATER IONIZER IS A FUTURISTIC PRODUCT , VERY..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Other Electronics & Electrical Prod
    About Us: JOWAY is a well-known Concept brand in Digital Lifestyle..
    Locations looking for expansion Telangana
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Hyderabad Telangana
  • Clothing
    About Us: Integrated in the year 2018, Baluchari Saree Essentials gracefully..
    Locations looking for expansion Uttar pradesh
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size
    Space required 2200
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Bishrakh Uttar pradesh
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts