India may miss export target on weak global econ
NEW DELHI (Reuters) - India is likely to miss its export target of $200 billion in the year to March 2010 due to a weak global economy, the junior trade minister told parliament on Wednesday.
"On account of continuing global financial crisis and economic slowdown of developed economies, the target of $200 billion is unlikely to be achieved," Jyotiraditya Scindia said in a written reply to a question.
India's exports were at $169 billion in the 2008/09 fiscal year.
(For more news on Reuters Money click in.reuters.com/money)
© Thomson Reuters 2009 All rights reserved
Dubai Debt Fears
Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets. Full Article | Slideshow
India Investment Summit 2009
Top executives and bankers discuss their own plans and the broader opportunities and challenges for India. Full Coverage
India
US
UK
