Govt targets $300 bn in exports in FY12

Govt targets $300 bn in exports in FY12

Mumbai: India is targeting exports of $300 billion this fiscal year, up from $254 billion last year, commerce minister Anand Sharma told reporters on Thursday.

A slower recovery, sovereign debt crises and very weak demand in Europe are concerns, but non-traditional markets such as Latin America, Africa and Association of South East Asian Nations (Asean) will fuel growth, Sharma said.

Close