Hyderabad, April 4 -- union Commerce Secretary Rajesh Agrawal on Saturday said the ongoing crisis in the Middle East is likely to impact India's imports and exports, including pharmaceuticals, though the overall export trajectory remains positive.
India has been witnessing steady improvement in merchandise exports and is expected to close the financial year on a positive note, with final figures to be released by April 15, Rajesh told reporters on the sidelines of a " Chintan Shivir - Scaling Up Pharma exports" programme organized by the Pharmaceuticals Exports Promotion Council of India (PHARMEXCIL) here.
Rajesh noted that the crisis could affect both the volume and value of trade. "Energy is a major component of our import basket. While...