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Delhi promote IT, tourism, 10 service sectors to boost exports
来源： 编辑：编辑部 发布：2018/03/27 15:12:53
THE INDIAN government is working on a strategy to boost India's share of services, spur exports, saidCommerce and Industry Minister Suresh Prabhu.
"We are targeting new exports that are not traditional products, but new products," said Mr Prabhu, reports he Press Trust of India.
"We are focusing on services and have identified 12 services as 'champion services'," he said after inaugurating a CapIndia event.
Mr Prabhu said the government has already approved a INR50 billion (US$769 million) to promote 12 champion services sectors such as IT, tourism and hospitality.
The decision, he said, will drive growth of the services economy in India. We have prepared an action plan for each of these sectors to promote them domestically as well as globally, the minister said.
Services sector will play a significant role in pushing the country's economic growth and the industry must focus on delivering services of global standards, he said.
Mr Prabhu pointed to India's chemical sector as having huge growth potential and in need of capacity to meet exports demand. The chemical sector is expected to more than double and hit US$300 billion by 2025 from $147 billion now, according to Chemexcil.
"We are targeting new exports that are not traditional products, but new products," said Mr Prabhu, reports he Press Trust of India.
"We are focusing on services and have identified 12 services as 'champion services'," he said after inaugurating a CapIndia event.
Mr Prabhu said the government has already approved a INR50 billion (US$769 million) to promote 12 champion services sectors such as IT, tourism and hospitality.
The decision, he said, will drive growth of the services economy in India. We have prepared an action plan for each of these sectors to promote them domestically as well as globally, the minister said.
Services sector will play a significant role in pushing the country's economic growth and the industry must focus on delivering services of global standards, he said.
Mr Prabhu pointed to India's chemical sector as having huge growth potential and in need of capacity to meet exports demand. The chemical sector is expected to more than double and hit US$300 billion by 2025 from $147 billion now, according to Chemexcil.