Exports to rebound in 2020 but growth to remain subdued

Commerce Secretary Anup Wadhawan said the current slowdown in exports is mainly due to a decline in petroleum products.

Centre mulls export booster

Also, industrial output declined by 1.1 per cent in August due to poor performance by manufacturing, power generation and mining sectors.

Commerce ministry said in relationship, economic ties there are ongoing issues which get resolved mutually from time to time.

Commerce Secretary Anup Wadhawan was addressing a conference organised by Indian Institute of Packaging, Delhi chapter.

Technology trends and emergence of digital technologies are expected to significantly change engineering exports landscape.

Anup Wadhawan said India now is looking at a non-GSP trade pact with America.

1,900 Indian products from sectors such as chemicals and engineering get duty free access to US market under GSP.

Commerce secretary says new record in exports was achieved in difficult global economic conditions.