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Home Economy

Opening of export industries will help execute orders

Fiinews by Fiinews
April 14, 2020
in Economy, Exports
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Govt signal on India normalizing

The opening of all export industries, large as well as MSMEs including Special Economic Zones and Export-oriented Units will help exporters to execute whatever little orders remain with them after huge cancellations in the last two months.

Welcoming the Commerce and Industry Ministry’s initiative to open economic activities, FIEO President Sharad Kumar Saraf said, “This will also send the right signal to overseas buyers that the situation is fast normalizing in India encouraging them to further place orders on us.”

Free movement of vehicles and manpower required for such activities is the most pragmatic one and so is operationalization of transportation throughout the length and breadth of the country, he stressed on 13 Apr 2020.

Saraf assured the Government that industry will adhere to sanitization and social distancing norms for the health and safety of workers, who are our invaluable assets.

Saraf was welcoming the Ministry’s further expansion of the list of economic activities, which should be opened during the extended lockdown beyond 14 April 2020

The list of industries has been carefully chosen to help in slowly bringing the economy on track, he noted.

The FIEO President also urged the Ministry of Home Affairs to immediately issue order to put the recommendation into practice which will be a savior of the economy while simultaneously helping the industry as well as workers. fiinews.com

Tags: FIEOMinistry of Commerce and Industry
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