Search Result for : Engineering Export Promotion Council

Sai Nikesh | The Dollar Business The ongoing economic crisis in Greece will have a negative impact on India and widening of the same would badly affect Indian economy on a larger scale, according to industry experts. “Being part of the global economy and as a nation heavily depending on foreign support, India will need to face consequences of economic actions, crises and bad financial sentiments across the world,” said B C Bhartia, president, Confederation of Indian Traders (CAIT), speaking to The Dollar Business. He went on to say that ongoing crisis may lead to outflow of capital from India and foreign investors taking back their investments or hesitating for future investment in the country. This will have a negative impact ...

The Dollar Business Bureau India’s automobile exports to Sri Lanka have increased four times and crossed $56 million in May this year compared to the same period figure last year. The country’s total automobile exports to Sri Lanka were worth $56.54 million in May this year, almost four times higher than $14.58 million registered during the same month a year ago, the Engineering Export Promotion Council (EEPC) has said. Other major destinations of Indian automobile exports included the UAE, Italy and Spain, a report said citing EEPC. The country’s shipment to UAE reached $18.59 million last month, registering an increase of 8.58% from the same month last year. Indian automobile exports to Italy were valued at $14.82 million in May this year, ...