Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
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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
Overall exports (goods and services) of over USD
770 bn with a growth
of about 14%, amidst global headwinds goes to show the
resilience of the
Indian exports sector, said Dr A Sakthivel, President, FIEO
while reacting to annual foreign trade data released by the government.
Dr A Sakthivel
added that the milestone achievement of USD 447.47 billion in goods exports has
been mainly on account of phenomenal growth in exports of electronic goods,
petroleum products coupled with growth in agro & processed food, marine
products, leather goods, apparel, drugs & pharmaceuticals and organic &
inorganic chemicals. He added that roughly 40% of the incremental GDP in
2022-23 was contributed by exports. The
FIEO Chief is confident of achieving the exports target of USD 2 trillion by
2030.
Dr A Sakthivel said that the country is making huge progress in
various areas under the visionary and able leadership of Hon’ble Prime Minister, Shri
Narendra Modi ranging from social sectors to economy
particularly exports. We achieved aggregate exports of US$770 billion in
2022-23 from about US$ 500 billion in 2020-21 with a growth of about 55% and
all this was made possible because of the dynamic Prime Minister and a
proactive Commerce & Industry Minister.
Such
growth has created massive employment creation amongst MSME particularly of
women. Such a spectacular feat has been
possible due to the enabling and supportive eco system created under the
leadership of our Prime Minister, said Dr Sakthivel. The timely guidance
and support from the Hon’ble
Commerce & Industry Minister, Shri Piyush Goyal, who
constantly engaged with the trade and industry especially exporters and
monitored their progress through frequent engagements, has also helped the
exporting community achieve this feat.
Dr A Sakthivel reiterated that exports have now become a national priority, which has helped in providing further momentum to the sector. However, the need of the hour is to provide marketing support for further promoting Brand India products and services globally, GST exemption on Freight on exports along with 3-6 months transition period may be provided, whenever a major change is notified in the Foreign Trade policy, so that the existing contract can be executed factoring the prevailing benefits.
