Bonjour, new guests from small-town India
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
EXPORTS.eps
India’s export went up by 36.4 per cent in December 2010, highest in the last 33 months, to $22.5 billion due to diversification of the overseas markets such as Latin America and price competitiveness.
However, imports contracted by 11.1 per cent, lowest in the last 14 months to $25.1 billion, narrowing the trade deficit in December 2010 to $2.6 billion, Commerce Secretary Mr Rahul Khullar told reporters here.
During April-December 2010-11 the country’s merchandise export grew by 29.5 per cent to $164.7 billion. Imports too rose by 19 per cent to $247.1 billion.
“The December figure is a huge increase. Highest export in the last 33 months,” Mr Khullar said. With this growth India will easily achieve $200 billion export target.
“With this you will be in the neighbourhood of $215-225 billion by the end of the fiscal,” he added. Trade deficit in April-December 2010-11 stood at $82.4 billion.
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
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