Sunday, July 6, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Economy

Prabhu wants exports doubled by 2025

Fiinews by Fiinews
August 28, 2018
in Economy, Exports, Manufacturing
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

FIEO study identifies US$100bn markets

 

FIEO

India is working on a wide range of strategies for revitalizing and doubling exports by 2025, especially targeting Africa and China.

Commerce and Industry Minister Suresh Prabhu exhorted exporters to not miss the opportunity presented by Chinese consumer market and make the most of the world’s mega import expo being held in China in November 2018.

Apart from traditional markets, India must also look at boosting trade with smaller countries and explore new territories like Africa which has 54 countries but accounts for only 8% of exports from India, he said in New Delhi on 27 Aug 2018.

Federation of Indian Export Organisations (FIEO) has done a study which identifies US$100 billion exports in traditional, new markets and products.

The Agricultural Export Policy is in the process of being finalized, after incorporating stakeholders’ comments.

Commodity and territory specific strategy is also being prepared for items like gems and jewellery, leather, textile & apparel, engineering sector, electronics, chemicals and petrochemicals, pharma, agri and allied products and marine products.

Territory specific strategy will cover North American Free Trade Agreement (NAFTA), Europe, North East Asia, ASEAN, South Asia, Latin America, Africa and WANA, Australia, New Zealand, and CIS.

Prabhu has held two meetings with key Ministries for preparing sectoral export strategies which are being finalized.

Meanwhile EximBank of India has conducted market research and draft export strategy is being prepared.

Prabhu underlined the importance of increasing imports in the face of challenges like uncertainty in global trade, rigid approach of banks affecting availability of credit, high logistics cost and productivity standards and qualities.

Minister of State, C R Chaudhary will be the chairperson of this mission and will regularly review the work of different export promotion councils and divisions of the Ministry of Commerce. fiinews.com

Tags: Commerce and Industry Ministry
ShareTweetShare

Related Posts

SOPA
Exports

Export: India to ship non-GMO soybean to EU

by Fiinews
July 6, 2025
0
16

Global demand for deforestation-free non-GMO soy rises Indian non-GMO soy is a natural fit for EU buyers seeking sustainable and...

FICCI
Manufacturing

Manufacturing: Framework on Drones by Sep-Oct

by Fiinews
July 6, 2025
0
15

Lt Gen Singh urged industry to invest more on component level R&D Lt Gen Rahul R Singh, Deputy Chief of...

Toy Biz International2

Export: India supplies toys to 153 countries

July 6, 2025
19
Air Liquide

Manufacturing: Air Liquide builds ASU-CFS

July 5, 2025
13
NITI Aayog

Manufacturing: India’s chemical sector faces challenges

July 5, 2025
21
Ministry of Textile

Export: Govt to facilitate easy trade environment

July 2, 2025
15
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Export: India to ship non-GMO soybean to EU
  • Tender: Take care of new urban development
  • Manufacturing: Framework on Drones by Sep-Oct
  • Project: Joint maritime professionals launched
  • Market: Daimler bullish on construction sector

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.