Monday, March 24, 2008

India Targets To Encourage Trade Volumes

Kolkata: India has set an aim to boost trade volumes with the ASEAN countries to $50 billion, up from the present $20 billion. The proposed free-trade agreement with the ASEAN countries will help this process by opening up market for many Indian products, especially auto-components. Many ASEAN countries such as Malaysia are interested sourcing auto components from India.

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