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India's growth in exports in last 2 fiscals shows resilience: FIEO
17 Aug '21
1 min read
Pic: Shutterstock
Reacting to the trade data for July 2021-22, Federation of Indian Export Organisations (FIEO) president A Sakthivel recently said the sustained export growth of around 50 per cent with a figure of $35.43 billion over fiscal 2020-21 and by 35 per cent over fiscal 2019-20 has demonstrated the strength and resilience of the country’s exports sector.
This is the highest-ever exports recorded at least in the last nine years as per the data readily available with FIEO, the federation said in a press release.
It also is a sign that global trade is recovering fast, said Sakthivel.
He urged the government to soon notify the rates of Remission of Duties and Taxes on Exported Products (RoDTEP) to remove uncertainty in the industry.
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