Trade events in Africa,S America to explore new markets

Trade events are being organised in African, Central and South American countries to explore new markets with a view to boost the country's exports, the commerce ministry said on Wednesday.

"Because of these measures, exports are continuously registering growth," it said.

These issues, among others, were discussed in a meeting chaired by Commerce and Industry Minister Suresh Prabhu last week.

In the meeting, the minister reviewed a strategy for revitalising India’s exports.

"The minister reviewed the development of USD 100 billion additional export strategy focussing on the champion and promising products and market retention," it added.

It said that commodity-specific strategy includes products like gems and jewellery, leather, textile, pharmaceuticals, electronics, engineering, chemical, marine products and agriculture goods.

India's exports grew by 9.78 per cent to USD 302.84 billion in 2017-18.