India likely to meet export target of $325 bn Industry bodies - TopicsExpress

India likely to meet export target of $325 bn Industry bodies have exuded confidence that countrys export target of USD 325 billion for financial year 2013-14 would be met even as growth in overseas shipments slowed to a five-month low in November, reports media. Export target for the current fiscal will be achieved easily and November figures may be seen as an aberration. Trade deficit will be within USD 140 to USD 150 billion in the current fiscal as against USD 190 billion recorded in 2012-13, helping to keep CAD (current account deficit) between USD 50 to USD 60 billion, said Rafeeque Ahmed, President, Federation of Indian Exporters Organisation (FIEO).

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