On Tuesday, Anupriya Patel the commerce minister of the state announced that the Association of South Asian Nations will be marked as very important in terms of trade structure for India. India initialises export price of $ 46 billion to meet the terms of the global target of $400 billion in this annual year.

“ASEAN, with over 15 per cent share in India’s global engineering shipment, is likely to be a key region to focus on with a target of around $ 16 billion of exports for 2021-22,” Patel said at the India-ASEAN Engineering Partnership Summit organized by EEPC India.

The current estimates of India for April-July was $35.3 billion and aspires to achieve $ 105 billion in the current fiscal year.

TOPICS: ASEAN export Market