Ganesh Kumar Gupta, President, FIEO said that despite increasing protectionism, global economic growth is looking promising in 2018. Indian exports, which are hovering around $300 billion, should exhibit 15-20 percent growth so as to reach around $350 billion during the current fiscal. The northward movement in petroleum and commodity prices would also add to export growth. The recent depreciation of Indian Rupee is also supporting exports though its impact varies from sector to sector and from company to company.
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