India should Boost Exports to China: Government

Posted on 5th Mar 2015 02:46 pm by mohit kumar

New Delhi, March 4 (IANS) Indian businessmen and industrialists should identify opportunities to increase their share in the world market, especially China where the economy was doing well, Commerce and Industry Minister Nirmala Sitharaman said on Wednesday.

In a written reply in the Rajya Sabha, Sitharaman told lawmakers that as China's economy was not receding, Indian businessmen and industrialists should take advantage and increase their market share by manufacturing and supplying quality goods at competitive prices.

"Though no specific study was conducted to identify our export strength vis-a-vis China, pharma, IT, auto components, agro products, tourism, film and entertainment are potential sectors for exports to China," the minister asserted, citing an export-import profile analysis of Sino-Indian trade.

Referring to the prime minister's 'Make in India' global initiative, Sitharaman told the lawmakers that the government had identified 25 sectors in manufacturing, infrastructure and services to attract investments from domestic and foreign investors.

Other news

IND vs BAN: Coach Gambhir's 3 words after India reached the Asia Cup final, the post is rapidly going viral

India defeated Bangladesh by 41 runs to advance to the final of the Asia Cup 2025. Bangladesh cap

Women's power at Sushma's high tea

New Delhi, March 10 (IANS) With warm hugs and handshakes under a pleasant spring sun with some

DU Admission 2022: Graduate seats remained vacant at Delhi University, know how many vacancies in which college

DU Admission 2022: Despite the admission process in the third round of seat allotment at Delhi Un

Virat Kohli: Kohli repeated the same mistake at the Oval even after five years, then got out on 49; Gavaskar strongly criticized

The Indian team has lost in the final of the ICC World Test Championship. Australia defeated him

WC Qualifiers: Asif Khan created a ruckus by raining fours and sixes, made a big record by scoring a century against the USA

There is a clash between UAE and USA in the Super Six of the ICC Qualifier. Batting first, UAE sc

US Commander said: India-America facing similar security challenges from China, Biden government is providing such help

America's top commander has said in his statement that the security challenges of India and Ameri

'We are not afraid of this', Asaduddin Owaisi said on FIR regarding provocative remarks

All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief Asaduddin Owaisi has reacted to the FIR rega

Central institution in Bengal out of funds for swine flu tests

Kolkata, March 13 (IANS) The National Institute of Cholera and Enteric Diseases here which is h

Delhi Air Pollution: Pollution stopped the pace of development of Delhi, and work on 4 big projects to get rid of traffic jams stopped

Pollution has stopped the pace of development in Delhi. Work on all the projects of the Public Wo

Taliban also started giving advice: Regarding Nupur Sharma's statement, said - Government of India should stop such fundamentalists from insulting Islam

There has been a ruckus in Islamic countries over the statement made by former BJP spokesperson N