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Raising worries, Engineering exporters body -- the Engineering Export Promotion Council (EEPC) has said that imposition of restrictions by states to contain rising coronavirus cases could affect the exports and the worst impacted would be micro, small and medium enterprises (MSMEs).

As per the EEPC, while recovery in the last few months of the fiscal year offers a ray of hope for the sector, the rising number of COVID-19 cases poses a downward risk. Engineering exporters body expressed need that the government therefore should expedite vaccination to lessen the impact of the pandemic.

EEPC also said that buoyed by rising global demand and increased economic activities, exports of 32 out of 33 engineering goods categories such as iron and steel, non-ferrous metal products, industrial machinery and office equipment recorded positive growth in March, signalling good times for exporters reeling under loss for the past one year due to pandemic.