$117-Bn Untapped Export Potential For India

Mumbai: Highlighting the $117-billion untapped export potential for India, more than 30 countries are set to participate in the fifth edition of ‘World Trade Expo’ in the financial capital from October 17-18. India has untapped export potential with the participating countries in sectors such as textiles, pharmaceuticals, chemicals, automobiles and components, machineries, etc.

The US offers the maximum untapped export opportunity worth $46 bn in sectors such as gems and jewellery, pharmaceuticals, automobiles and components and machineries. Diamond, agro-chemicals such as insecticides, iron and steel, jewellery and motor vehicles are some of the commodities with the highest export potential in most of these participating countries, according to the World Trade Center Mumbai and All India Association of Industries (AIAI), the organisers of the event. The event will showcase more than 30 countries and regions.