Focus on India-US mini trade pact holds out hope for India’s engineering exporters
The need for governments the world over to review, once the pandemic recedes, the measures they adopted restricting transnational travel and mobility to contain the spread of Covid19 and their impact on international trade, to be better prepared for future crises
There is a need to ensure that the banking system recognises financial distress early, takes prompt steps to resolve it, and ensures fair recovery for lenders and investors
EEPC India Technology Centre, Kolkata successfully executed two projects during July-August 2020
Iron is an essential ingredient in the manufacture of steel, which, in turn is a critical component in the production of engineering goods
While engineering exports continued to grow in July 2020, the outlook is not optimistic on global trade recovery
“... surging prices of raw materials are making Indian exports less competitive globally. Despite predictions of India being a big gainer in the postCovid situation, several MNCs have chosen to transfer their operations to Vietnam or Taiwan ... Therefore, making Indian exports competitive should be the key objective of both government and industry”
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