Govt to prepare research report to boost exports in 10 geographies

The US and European Union account for about 25% of the country's total merchandise exports

The commerce ministry would prepare a detailed report based on market research to promote exports to ten geographies, including East Africa and Latin America, a senior official said.

The issue was discussed during a meeting between Commerce and Industry Minister Suresh Prabhu and senior Exim Bank officials.

"What we are doing is preparing a complete detail market research. Exim Bank itself will not do," the ministry official said.

The Export-Import Bank of India (Exim Bank) would do the macro analysis and specifics will be done by some expert consultants.

Recently, Prabhu made a case for treating support measures to promote