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25 Oct
13:19

India engineering exports decline in August

India’s engineering exports – which include steel, non-ferrous metals, industrial machinery and transport equipment – saw a “massive” fall in August, says the Engineering Export Promotion Council of India (EEPC). This signals a further slowdown in demand. These exports fell by -42.9% on-year to China in August to $153.2 million. “Sri Lanka, which had in the recent few years been providing a sizeable base for the engineering it…
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