The exports figure for the month of August, 2017, once again showed positive growth said FIEO President, Ganesh Kumar Gupta as 26 out of 30 major product groups, were in positive territory. Engineering goods, Petroleum, Organic & Inorganic chemicals, Marine exports, Plantations, Cotton yarns, fabs & made-ups and Plastics & Linoleum were some of the sectors, which contributed impressively to the positive growth in exports during the month. However, labour intensive sectors such as Gems and Jewellery, Leather, Apparel and Handicraft either posted negative growth or modest growth which is a worrisome sign observed FIEO Chief. While we are very encouraged by the current trend in exports, I am worried about future growth as order booking position from October onwards is not very encouraging in view of increasing global uncertainties, Rupee volatility and challenges at the domestic front said Gupta.

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