As per Federation of Indian Chambers of Commerce and Industry (FICCI) survey, 85 percent of respondents felt that export target of US $125 billion would be achieved in current fiscal year.
FICCI said in a statement that as per survey, export growth of the country is moving towards the phase of stabilization.
Export growth, which was prevalent till now, will be continued in remaining months of the year, survey revealed.
This survey included 270 companies with turnover between one to twenty thousand crores and representing sectors like textiles, handicrafts, chemicals etc.
Of the firms participated in survey, 68 percent were expecting their export levels improving further.