November Exports Fall Over Previous Month, Oil, Iron Ore and Steel Positive, RMG in Negative Territory

· Machinery Import Rise, Investment Picks Up

Overall exports for the period April-November, 2016-17 also turned positive showing a growth of 0.10 percent during the period.

FIEO President warned Demonetisation has “in some way” added to the woes of the exporters which may seen in the figures of coming months. The focus in such challenging times should on marketing with proactive support from the government which also has to ensure that exporters get their entitlements expeditiously so as to have liquidity.