In the wake of <g data-gr-id="28">steep</g> decline in Yuan, Indian engineering exports will further lose competitiveness against the Chinese goods, an industry body said on Wednesday.
“A steep depreciation of Yuan will deal a further blow to the Indian exports, which are battling a
<g data-gr-id="15">slowdown</g> in most markets of the world, as the shipments from the <g data-gr-id="16">country</g> will further lose competitiveness against the Chinese goods,” Engineering Exports Promotion Council Chairman Anupam Shah said in a statement.