“FY 2019 Will Experience Exports to Reach All Time High”

Sharing is caring!

The Central Government expressed hope exports would touch an all-time high in 2018-19. Commerce secretary Anup Wadhawan underlined the commitment of the Government to address concerns of labour- intensive leather and textiles sectors.

“Our exports will reach a record figure both in rupee and US dollar terms,” he told reporters here after an interactive session with exporters but did not quantify the figure.

He said the Government would address the concerns such as easier availability of credit from banks and boosting schemes like the merchandise exports from India scheme, in the wake of the challenges in a global environment.

The commerce secretary said the export scenario in the region, especially in Tamil Nadu, was healthy, and lauded exporters for their performance despite protectionism and unilateralism.

“Despite the challenges, the exporters have been doing well over the last two-and-a-half years and we’ve since been having a steady growth,” he said.

On the country signing a free trade agreement with the European Union, he said, ”It is on the table and we will do our best to expedite it (pact).”

SMEStreet Desk

SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: