• search

EEPC confident of doubling exports to Germany

Written by: Staff

Kolkata, May 3 (UNI) Engineering Export Promotion Council (EEPC) is confident of doubling of exports of engineering items and services from India to Germany in the next three years to US $ 1090 million.

EEPC president Rakesh Shah told reporters that currently US$ 545 million of engineering items and services were exported from India to Germany.

Mr Shah said he is optimistic of growth of foreign direct investment from Germany after the Hannover fair.

He said engineering exports recorded at US $ 19 billion in 2005-06 is projected to double in the next five years.

He informed that the total business generated in the Hannover fair was to the tune of US $ 1.3 billion.


For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more