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EEPC India expresses concern over reversal of exports in engineering goods

UNI India-English 2017-11-14 21:43:15
Kolkata, Nov 14 (UNI) Expressing concern over a sudden reversal in the export growth to
negative in October, 2017, EEPC India chairman T S Bhasin today said the setback can be
traced to disruptions due to roll out of the GST that resulted in squeezing of working capital
for exporters.

" Otherwise, there is no other plausible reason for the exports to fall in the midst of
recovery in the global markets which was so evident in the previous months," Mr Bhasin
said in a statement.