Engineering goods exports surge over 70 pc

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Export of engineering goods from the country has recorded an impressive 70.28 per cent growth in March 2021, it is learnt, contributing significantly to the record overall merchandise exports during the month. Despite downside risks due to new virus strains and possible disruption in trade, the industry remains optimistic given that the government has taken several measures to make India a manufacturing hub and also export competitive. Engineering items account for about 25 per cent of Indias total global exports in the goods sector, said a report.