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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (2633)	8/30/1998 1:00:00 PM
From: Mohan Marette	Read Replies (1) of 12475

Unmade In India? Excerpts source:India Today Are we picking the wrong products? Chasing the wrong global markets? Targeting the wrong end of value-addition? Relying on the wrong policies? Why is India's exports ship threatening to sink mid-sea? By Rohit Saran & Rukmini Parthasarathy What a fall there was, my countrymen. Just 2 years ago, its exports sector was the star performer of the newly-reformed, and still-reforming, Indian economy. The bumper growth of 72 per cent between 1993-94 and 1995-96 in the dollar value of products and services shipped, flown, trucked, and even electronically transmitted to global markets inspired heady visions of an export-led blast-off into the rarefied orbit of double-digit economic growth. CEOs went to bed every night dreaming of years of exponential growth, and no one sneered when the Confederation of Indian Industry (CII) set corporate India's sights on an export target of $83 billion by 1998-99. Full report. india-today.com

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