Indian merchandise exports to touch $100 billion

By agencies   |   Thursday, 10 March 2005, 20:30 IST
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NEW DELHI: Indian merchandise exports will touch $100 billion this year, Commerce Minister Kamal Nath today said. He said India is expected to export merchandise worth $75 billion and services worth $25 billion. "In fact, if we take services and merchandise goods together, our exports will be equal to imports that are placed at around $100 billion," he said. Despite appreciating rupee and high competition, Indian manufacturers and exporters have done an excellent job, he said.