ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Exports Rise, but Not Enough

own sex who to her personifies evil. Come election day, she was up at 4.30 in the morning, scrubbed herself, woke up the husband and children, prepared their modest breakfast; she herself however fasted. She fasted and prayed before the cheap, miniature, UNION CARBIDE INDIA achieved exports of Rs 4.91 crores which were about 162 per cent of the previous year's. The major contribution came from shrimps whose exports more than doubled to Rs 2.9 crores. This became possible with the addition of seven shrimp boats which were gradually phased-in. In addition, these products continued to fetch high prices in the Japanese and US markets. The company had placed qrders for these boats in 1970-73 with Mazagon Dock. Out of the seven, five boats commenced operations during 1976 and the other two started operating early this year. The management expects shrimp business this year to be double that of 1976, since this will be the first year of full fleet operation. As against the export earnings, the company spent Rs 16.49 crores in foreign exchange by way of consumption of raw materials, spare parts and components and technical service fees and commission and dividend remittances.

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