Interviews
Near term outlook for exports improves - Q3 FICCI survey
14 Mar '07
3 min read
About 78% of the participating exporters felt that their export volumes would increase in the coming six months. While 32% of the participating companies were of the view that their exports will increase by up to 10% over the next six months, another 46% of the respondents indicated export volumes to go up by over 10%. Exporters believed that the bourgeoning volumes would be on account of higher demand in the existing international markets along with entry into the new markets.
Despite the highly competitive and cost-conscious global market, 44% of the exporters reported increase in the export prices in the next six months; this counter move towards the increase in export prices is in response to the expected intolerable low realizations on account of higher inputs costs.
SAARC, the UK, Middle East, UAE, European Union and Latin America are the key regions/countries that will see a strong increase in their imports from India in the next six months.
Apart from soaring prices of raw material, strong Indian Rupee against the US dollar and higher cost of credit, the others constraints causing delays and losses to the exporter community are inadequate infrastructure, poor power and port facilities and cumbersome customs and excise procedures.
The exporters have demanded that the government should lower the duty on the imports of raw material meant for the exports. They have also requested to take a re-look at the benefits accrued to the industries from the schemes launched earlier relative to schemes launched/replaced in 2006-07.
Click here to read more:
Despite the highly competitive and cost-conscious global market, 44% of the exporters reported increase in the export prices in the next six months; this counter move towards the increase in export prices is in response to the expected intolerable low realizations on account of higher inputs costs.
SAARC, the UK, Middle East, UAE, European Union and Latin America are the key regions/countries that will see a strong increase in their imports from India in the next six months.
Apart from soaring prices of raw material, strong Indian Rupee against the US dollar and higher cost of credit, the others constraints causing delays and losses to the exporter community are inadequate infrastructure, poor power and port facilities and cumbersome customs and excise procedures.
The exporters have demanded that the government should lower the duty on the imports of raw material meant for the exports. They have also requested to take a re-look at the benefits accrued to the industries from the schemes launched earlier relative to schemes launched/replaced in 2006-07.
Click here to read more:
Federation of Indian Chambers of Commerce and Industry
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