| Date: |
26-07-2011 |
| Subject: |
EEPC Registers 54% Growth In Export to Canada |
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KOLKATA: Engineering export bodyEEPC India has registered a growth of 54 per cent during the 10 month period of 2010-11 (April-January) to $ 215 million over the corresponding period last year.
The potential of export of engineering goods to Canada is enormous as its 33 per cent of engineering imports are outside theNafta bloc estimated of $ 44 billion, EEPC Vice-Chairman Anupam Shah said.
Engineering export accounts for 25 per cent of India's export but when it comes to global market-share of engineering exports, it is just 0.8 per cent.
"In the 12th plan period EEPC had projected to increase this share to 1.5 per cent," Shah said.
Meanwhile, EEPC is participating atCanadian Manufacturing Technology Show between October 17 and 20 to highlight strength of Indian engineering sector.
Source : economictimes.indiatimes.com
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