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Exports show signs of improvement, but the labour shortage still an issue: FIEO


Exports fell for the fourth straight month in June as shipments of key segments like petroleum and textiles declined, but the country’s trade turned surplus for the first time in 18 years as imports dropped by a steeper 47.59 per cent.

The country’s merchandise exports will further revive in the coming months as order books are showing signs of improvement, even as the industry is still facing a labour shortage, according to exporters.

Federation of Indian Export Organisations (FIEO) Director General Ajay Sahai said there is no problem of orders in the shorter run, but exporters are ...


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