Defence Products’ Exports To Exceed Rs. 35,000 Crore Target

In 2019-20, the Centre has set a target of Rs. 20,000 crore. KOLKATA:  With the growing trend of shipments in recent years, exports of defence products will exceed the Rs. 35,000 crore target by 2024-25, an official said. “I expect the exports will surpass the target of Rs. 35,000 crore by 2024-25,” Defence Production Department Secretary Ajay Kumar told PTI. Defence components are key drivers, he said. Mr Kumar was in the city to promote private sector participation in defence production and also inaugurated a facilitation centre for the  defence production at Bharat Chamber of Commerce.…

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India’s coconut products export to cross ₹2,000 crore in FY19

A higher price realisation of activated carbon in the overseas market has pushed up India’s coconut product exports to cross the ₹2,000 crore mark in FY19. The country exported 80,467 tonnes of activated carbon valued at ₹1123.64 crore till January this year and the total exports in overall products stood at ₹1812.55 crore. The final figures are yet to be compiled, but it is set to touch the range of ₹2,100 crore up to March this year. Activated carbon fetched a price of ₹140/kg in FY 19 vis-a-vis ₹100/kg in FY18. The low price of coconut…

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