Indian exporters in resilient mode: FIEO

Chennai, Apr 1 (UNI) Federation of Indian Export Organisations (FIEO) today said the 35 per cent growth in the Indian export during February 2008 has shown the resilience of Indian exporters.

In a release here today, FEIO president Ganesh Kumar Gupta said in the wake of rupee appreciation and decline in the growth in traditional markets, Indian exporters were increasing their market success.

However, the disaggregated export figure needed to be evaluated to see how the traditional and employment generating sectors had contributed to these exports.

Much of the exports in the past had come from petroleum products, gem and jewellery and engineering sectors due to increase in the world prices of crude by over 40 per cent, gold by 30 per cent and steel by 20 per cent translating in higher value wise exports in these sectors respectively, he added.

UNI SNR SJ 1958