Fall in External Demand in Engineering Export Markets

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Fall in External Demand in Engineering Export Markets - News and Press Release Dated:- 6-3-2013 - News - There has been a fall in exports to major engineering export markets of the country as per the details available for April-January 2012-13. The details of the regions alongwith engineering exports, reflecting such fall are given below; the fall in engineering exports has been largely on accou .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nt of the global recession that has affected global demand. (Values in million US$) Regions showing decline in exports % decline April 2011-Jan 2012 April 2012-Jan 13 ASEAN+2 9056.96 6416.07 -29.16 EU 9229.58 8703.56 -5.70 Rest of Europe 1141.10 1030.76 -9.67 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... North America 6603.04 6377.57 -3.41 North East Asia 4835.83 4639.77 -4.05 South Asia 2842.95 2617.17 -7.94 Initiatives for increasing the competitiveness of Indian industry in exports is a constant process. Some of the recent initiatives taken by the Government for enhancing exports of the engineering sector .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... are the following: Expansion of the Interest Subvention Scheme to include 134 engineering tariff lines; Extension of Interest Subvention Scheme till March 31, 2014; Expansion of Focus Market Scheme to include a large number of countries; Expansion of both Focus Product Scheme and the Market Linked Focus Product Scheme to promote various engineering tariff lines; Introduction of new 2% I .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ncremental Export Scheme for the 4th Quarter 2012-2013 for certain markets in Asia, USA and EU; Introduction of 2% Pilot Scheme of Interest Subvention for Project Exports through EXIM Bank for countries of SAARC region, Africa and Myanmar. This information was given by the Minister of State of Commerce Industry, Dr. D. Purandeswari in a written reply in Rajya Sabha today. DS/RK (Relea .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... se ID :93099) - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X