Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2013-12-19

India\'s exports to US, Europe rise despite economic slowdown

The government data shows that despite global economic slowdown, India\'s exports to the US and Europe have grown in the first seven months of the current fiscal year.

The government data shows that despite global economic slowdown, India's exports to the US and Europe have grown in the first seven months of the current fiscal year.


"In the first seven months of current fiscal year, 2013-14 exports to Europe and the US have increased in comparison to the corresponding period last year," said EM Sudarsana Natchiappan, Minister of State for Commerce and Industry, in the Rajya Sabha.


According to Natchiappan, who was quoting the figures given out by the directorate general of commercial intelligence and statistics (DGCI&S), India's exports to Europe grew by 5.99 percent in the period between April-October 2013 and stood at $33.15 billion from $31.28 billion shipped-out during the corresponding period of 2012-13.

 

"Exports to the US have not declined in the previous three years. However, exports to Europe had shown slight decline. But exports to European countries in 2013-14 have shown improvement", he said.


For the US, India's exports grew by 8.64 percent at $23.35 billion in the period under review from $21.49 billion shipped-out during the corresponding period of last fiscal year.

Related opportunities
  • Cosmetics & Beauty Product Stores
    About Us:  Incorporated in 2010, at Mumbai (Maharashtra, India), we &ldquo..
    Locations looking for expansion Maharashtra
    Establishment year 2010
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • About Us: C.H.I.L.D an initiative of Mrs. Kavitha Chandra Mouli hasa..
    Locations looking for expansion Tamil nadu
    Establishment year 2013
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chennai Tamil nadu
  • Laundry & Dry Cleaning
    About Us: In the 60s, the textile care industry was made..
    Locations looking for expansion Maharashtra
    Establishment year 1968
    Franchising Launch Date 2013
    Investment size Rs. 20lac - 30lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Ice creams & Yogurt Parlors
    About: Born out of passion, Papa Cream is an innovative and..
    Locations looking for expansion Delhi
    Establishment year 2010
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
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