Modi created new brand equity for India in world markets: EEPC India
New Delhi, May 23 (IBNS): EEPC India chairman Ravi Sehgal today congratulated Prime Minister Narendra Modi for the NDA's resounding success in the Lok Sabha elections, expressing confidence that his return would give a boost to the country's manufacturing and exports.
"Continuous emphasis on manufacturing should start showing results as the economy is in a revival mode. Exports, especially in the engineering sector, are an integral part of manufacturing and are expected to get a top priority by the new Modi government," said the Engineering Export Promotion Council of India chairman.
"Mr Modi has created a new brand equity for India in the world market and exporters would make full use of it, especially when the global economy is facing challenges A large part of exports are produced by the SMEs which area also a great source of quality employment - a key focus area of the ruling BJP and the NDA partners," he said.
Sehgal added that the RBI should take cues from the strong leadership and a stable government for lowering the interest rates.
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