India's goods, services exports to cross USD 800 bn this fiscal: Sakthivel
merchandise and services exports will cross USD 800 billion this fiscal due to the government support and competitive products of the domestic players, an industry official said on Thursday. Apparel Made-ups and Home Furnishing Sector Skill Council Chairman A Sakthivel said the government has taken a series of steps to enhance the industry's competitiveness in promoting ease of doing business and reducing compliance burden, among others.
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«I am confident that our total exports will cross USD 800 billion this fiscal,» Sakthivel said.
The announcement to open 12 new industrial cities in the country will further boost domestic manufacturing, he added.
«The production-linked incentive scheme is already a success story at the manufacturing front,» Sakthivel said.
The Indian exporters are getting good orders from developing and developed economies despite challenging geopolitical situation, he added.
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