Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
Congratulating the Ministry of Commerce, Government of
India for unveiling the ‘Foreign
Trade Policy-2023 (FTP-2023)’ on March 31, 2023 Mr. Shankar Shinde, Chairman,
Federation of Freight Forwarders Associations in India (FFFAI) said
that it would build trade confidence and would be a way forward for moving
India from developing to developed country. In his opinion, the FTP has been well articulated
for exim trade on long term growth and is progressive in nature.
“This will
change the mindset of trade to professionalize their business and create strong
business foundation through four pillars in terms of recovering in form of
remission and not really depend on subsidies, progress with collaboration,
cooperation and support ease of doing business It would further create new
opportunities covering new untapped geographical areas to meet the exports
target of 2 trillion dollars by 2030,”
Mr. Shinde observed.
He
also praised that FTP 2023 introduced a digitalization platform to integrate
with single window business platform
which aims at process re-engineering and automation to facilitate ease of doing
business with codified implementation mechanism in online environment to result
in system based paperless, faceless, contactless with seamless processes for
creating trust based environment.
Moreover, FTP encourages recognition of new towns
through “Towns of
Export Excellence Scheme” and exporters through “Status Holder Scheme”.
It aims at building partnerships with State governments and taking forward the Districts as Export Hubs (DEH)
initiative to promote exports at the district level and accelerate the
development of a grassroots trade ecosystem. “This will leverage exports through State
infrastructure development, Capacity building with state collaboration,”
the FFFAI Chairman said.
Commending the Government’s initiatives on
strengthening the exim trade ecosystem, Mr. Shinde pointed out that the FTP would attract investment creating
employment opportunities to achieve export target, including services and
merchandise exports of US$ 750 Billion for this Financial Year to create India
as a Global Manufacturing export Hub.
