Exports growth likely to remain close to 20 % in ’09
An economic slowdown in the US notwithstanding, India is likely to maintain the 20% growth in exports in 2008-09 but the basket may undergo a change, said a finance ministry official. "US is one of the major destinations for India. We said that in the coming year, it may not be as good as it was earlier. But that does not mean we are not performing well. We are having 20% plus growth and possibly we can continue with 20% plus," senior economic advisor in the finance ministry H A C Prasad said.