Engineering goods exports to South Asia on the rise

  1. Many South Asian countries, which used to account for a small share in Indian engineering exports, are now emerging as promising markets.
  2. The EEPC, the apex body of Indian engineering exports, gives credit to the ‘Neighbourhood First’ policy of PM Modi.
  3. “South Asian countries have become a major market for us, giving us more than 15% of the total shipments,” Anupam Shah, EEPC Chairman, said.
  4. An EEPC official said that while Sri Lanka, Bangladesh and Nepal were major importers, there was insignificant trade with Bhutan and Afghanistan and almost nil trade with Pakistan.
Foreign Policy Watch: India-SAARC Nations
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