17-04-2014 00:47 AM | India

W. Asia, China will drive farm exports

Agricultural exports, particularly spices, fruits and marine products, are likely to increase along with foodgrains as demand from West Asia and China continues to increase, according to S Sivakumar, GroupHead – Agri and IT Businesses, ITC Ltd.

But in the long term, India could turn a net importer as domestic consumption is increasing.

“Indian exports will continue to grow as China has turned a large importer. In the long run, however, we could turn a net importer since consumption here is rising,” he said during an interaction with Business Line and The Hindu.
Full Story : Hindu Business Line