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.
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