Major International Engineering Companies lost their illusion with China. Germany's Aero Space Engineering company and Canada's largest Instrumentation firm also focus on India. The highest contribution in Indian export is given by the Engineering sector and then the Gems – Jewelery, Textile and chemical sectors come. Now the question arises why is it so?
This is because Production Rate is increasing in China. Now talking about the hopes with Indian Engineering Sector there is a big hope to get good opportunities from it. India is now getting success to attract the attention of Hi–Tech products manufacturers.
These changes are being seen because of the increased production of cost of neighbor country China. EEPC (Engineering Export Promotion Council) said that many other sectors of India will be considered with Aero – Space Engineering sector by Hi–Tech Products Firm rather than focusing on China.
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