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Exports from Engineering Sector
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....xports from Engineering Sector <br>News and Press Release<br>Dated:- 17-12-2012<br><BR>Press Information Bureau Government of India Ministry of Commerce & Industry 17-December-2012 16:34 IST There....
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.... is no evidence or exporters' feedback that exports from engineering sector has been shrinking due to constraints faced by the engineering sector on account of scarcity of raw materials. The fall in ....
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....external demand due to the global economic crisis in major engineering exports markets of the country, primarily USA and EU, is the main factor behind the idle capacity in this sector rather than shor....
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....tage of raw materials. Accordingly, the Government's efforts have been to provide support measures to the engineering sector to improve their competitiveness in global markets. Various initiatives suc....
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....h as expanding the list of engineering tariff lines in the Focus Product Scheme and the Market Linked Focus Product Scheme as well as widening the list of markets in the Focus Market Scheme, lowering ....
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....transaction costs through the use of information technology etc. are the main instruments by which the Government is attempting to enhance competitiveness of Indian engineering exports. This informat....
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....ion was given by the Minister of State for Commerce & Industry Dr. D. Purandeswari in written reply to a question in Lok Sabha today. ****** DS/RK<BR> News - Press release - PIB....