(FE)
The Commerce and Steel Ministries assured engineering exporters of making all the efforts to ensure the sector’s outbound shipments reach $200 billion by 2030. The issues being faced by engineering sector were discussed in detail during a meeting which was attended by Steel Minister Dharmendra Pradhan, Commerce and Industry Minister Piyush Goyal, senior officials of both the ministries, top steel makers and representatives of engineering export sector.
“…Ministries of Commerce and Industry and Steel will make all efforts to ensure that engineering goods exports double in the next five years and reach USD 200 billion by 2030,” the Commerce Ministry said in a statement. The challenges being faced by the steel sector and import-export trends were also discussed in the meeting. The protectionist measures being imposed by other countries and the under-utilised capacity in steel manufacturing in India were also discussed in the meeting.
