The government on Monday said that India’s automobile exports to the United Arab Emirates are projected to increase $160 million in the next five years while engineering exports are seen growing 10% in the first two years and 15% in the next three years at $7 billion, $8 billion and $9.2 billion in FY25, FY26, and FY27, respectively due to the Comprehensive Economic Partnership Agreement (CEPA) that the two sides have inked.
This article was originally published on The Economic Times