Export promotion and infrastructure development should be the corner stones of the strategy for sustainable development, according to Mr T.C. Venkat Subramanian, chairman and managing director of Exim Bank.
Speaking at an Exim Bank seminar, on Strategies for financing lasting development in India in co-operation with the Association of Development Financing Institutions in Asia and the Pacific, Mr Subramanian said: "India must lay emphasis on the financing of infrastructure and exports, which in turn will lead to the additional inflows of foreign exchange through foreign direct investments, exports and (non resident Indian) NRI remittances."
