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Engineering exports inch forward

The Engineering Export Promotion council has said the reversal in trend for merchandise exports turning into positive territory in September,2020 is a matter of relief, but the challenges in the external trade would continue given the present state of global health emergency and its economic impact on the major economies.

Engineering exports too have shown a positive trend of 3.73 per cent for September

Commenting on the trade data released by the commerce Ministry on October 15th Chairman of the Engineering export promotion council Mr Mahesh Desai said the engineering exports too have shown a positive trend of 3.73 per cent for September, although the major turnaround has come about thanks to a sharp increase in pharma exports, for understandable reasons.

While the reversal in trend for merchandise exports turning into positive territory in September, 2020 is a matter of relief, the challenges in the external trade would continue given the present state of global health emergency and its economic impact on the major economies. 
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