India will target Africa for growth as part of the government’s vision to increase its exports of goods and services from the present level of US$464.1 billion (2013/14) to approximately US$900 billion by 2018/19 and take India's share of global exports to above 3%.
Indian news site, Export News, cited a “high-level government official” as saying an aggressive product promotion strategy for high value items that have a strong manufacturing base is the main focus of the overall growth strategy, which includes providing export products in the developed countries' markets.
The focus sectors have been identified as pharmaceuticals, electronics, automobiles, computer and software-based smart engineering, environmental products etc. Labour-intensive leather, gems and jewellery and textile sectors have high value addition, and have been areas of strength.
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