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India’s engineering exports to US fall by 10 percent in April-November: EEPC

restor lab1 Indias engineering exports to US fall by 10 percent in April November: EEPC

India’s engineering exports to it’s certainly one of biggest destinations – America – has dipped through about 10 % to $3.90 billion throughout April-November this fiscal, supposedly because of the slowdown in global demand.

“The shipments to the us dropped through 9.19 percent to $3.90 billion during April-November this fiscal from $four.3 billion and the United States is among India’s largest destination,” Engineering Export promotion Council (EEPC) said in a commentary nowadays.

In a similar fashion, the exports to Germany fell through about six % to $1.three billion throughout the period.

“The signs of restoration in probably the most key western nations like the united states are hazy. This fashion, there was once a drop in the total engineering exports via over 14 percent in November,” EEPC India Chairman Anuran Shah said.

However, he said that engineering exports too few international locations with which India has free exchange agreements have shown a healthy growth all over the April-November period of this fiscal.

the field’s shipment to Japan have recorded a growth of 17 % throughout the eight month of the current fiscal to $568 million from $485 million in the identical length remaining year, EEPC said.

In a similar fashion, the exports to South Korea grew with the aid of over thirteen % to $739 million right through the duration, it stated.

India has carried out complete free trade pacts with each these countries.

“The Japanese financial system is doing quite neatly, whereas the manufacturing base in South Korea saved the momentum alive regardless of problems in the west,” Shah mentioned.

He stated that a similar trend was once viewed in the change among the neighboring countries like Bangladesh, Sri Lanka and Nepal with which India has some roughly liberalized trading regime.

Engineering shipments to Sri Lanka went up by using 18.57 pace to $1.34 billion throughout the period from $1.13 billion at 12 months ago. Likewise, the exports to Nepal had been up 20.eighty four % to $577 million.

However, he said that engineering exports to Singapore, with which India has carried out FTA in 2005, have registered a decline.

“Exports of the engineering items to this island nation within the April-November month saw a drop of two. Eleven % to $1.99 billion,” he introduced.

 

5 comments

  1. Wavatar

    I’ve an EEpc laptop which i got in my nephew, but it doesn’t operate on microsoft… How do you put miscroft onto it? Hellppp :)

  2. Wavatar

    Whenever I unplug my netbook computer, the touch pad reduces. I checked all of the configurations, but nothing appears off. It has not carried this out within the last month, also it just began now. Any suggestions?

    It is a Eee PC, ASUS, Home windows 7…I first got it from my school this season, I am unsure all of the information on it. After I unplug it it states “Auto Energy-Save” so when I hook it up it states “Auto High-Maintenance”

    It is a Eee PC, ASUS, Home windows 7…I first got it from my school this season, I am unsure all of the information on it. After I unplug it it states “Auto Energy-Save” so when I hook it up it states “Auto High-Maintenance”

  3. Wavatar

    i personally use a payg dongle and my laptop broke and so i needed to flip it cheap so im searching for a netbook computer ive observed that some you cannot use dongles together soo i’m wondering if anybody could reccomend one which dongles use thanks

  4. Wavatar

    I am likely to be a freshmen in senior high school this fall and I wish to obtain a good quality laptop.I shall be utilizing it for college work, but mostly simply to alter. I do not need a lot of complicated features, however i want one having a webcam. I am open for many different types, only one around the cheaper side is needed :) thanks!

    i would like one that’s about 13-16 inches and that i don’t mind the weight, but an easy you might be simpler…

  5. Wavatar

    I was trying to put a video on youtube what I recorded on my built in webcam, eepc. I made sure the sound wasn’t muted, I done it again as it was on charge. I took it off charge and then it still wouldn’t play!!!! What’s the matter with it? I’m not taking it into the shops to see if they csn fix it, as it’ll be a waste of time

    Thanks a bunch! -Spud

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