India needs to speedily boost a variety of exports ranging from women’s apparel, drugs and furniture to cyclic hydrocarbons, at a time when global trade growth continues to shrink, the Confederation of Indian Industry (CII) has said.
In a research paper, CII has identified 37 crucial items having the high potential to boost outbound trade, given that these have some export competitiveness and figure significantly in the imports of major importing nations such as the United States and China. India’s overall export share in total global imports of $17,958 billion stands at a mere 1.65 per cent.
“A targeted export