Multifarious initiatives to boost export value chain, say Pandey
An industry report has identified critical areas where West Bengal can sharpen its export focus under a Free Trade Agreement ecosystem for six high-growth sectors: Gems & Jewellery, Metal Products, Chemicals, Handicrafts, Textiles & Leather, and Agriculture & Food Processing where West Bengal has a strong footprint https://www.commerce.gov.in/.
Focusing on these sectors toward export orientation will help West Bengal position itself as a leading export hub, said the report on ‘Strategy for Unlocking Export Potential for MSMEs in West Bengal’ by Dun & Bradstreet India.
With a clear and actionable strategy, the report empowers businesses and policymakers to drive growth and unlock new opportunities for the region.
The report, done in collaboration with the Department of Micro, Small & Medium Enterprises and Textiles (MSME&T), Government of West Bengal, was released by Dr Manoj Pant, IAS chief Secretary of the state at the 8th edition of the Bengal Global Business Summit (BGBS) on 6 Feb 2025.
Speaking about the release of the report, Rajesh Pandey, Principal Secretary, Department of MSME&T, said, “MSME &Textile Department has been taking multifarious initiatives to notch up the export value chain and position the state to a leading position in the export sector by leveraging the intrinsic advantages of high-class infrastructure, skilled work force and conducive ecosystem prevailing in the state https://www.bseindia.com/.
“This report will identify the areas of further intervention for focused and accelerated development in the export arena,” he added.
On the release of the report, Preeta Misra, Senior Director – Credibility & Business Insights Group, ESG and SME, Dun & Bradstreet India, elaborated, “This strategic report serves as a key step in unlocking the vast export potential of MSMEs in West Bengal https://sbi.com.in/.
“By focusing on high-growth sectors and leveraging key trade agreements, we believe this will drive the growth of MSMEs, opening new global market opportunities.
“This initiative not only strengthens West Bengal’s position as a leading export hub but also fosters long-term economic growth and sustainability in the region, creating a robust ecosystem for business expansion and international trade https://www.nseindia.com/ .”
Bengal Global Business Summit (BGBS) is the flagship summit of the Government of West Bengal. The 8th Bengal Global Business Summit will have Plenary Sessions, Sectoral sessions for focus sectors, Country sessions with partner countries, and B2Bs & B2Gs meetings to expand networks and meet potential partners. The avenues of collaborations spread across multidimensional spectrum of sectors. fiinews.com
