Aiming for sustainability in exports

Four Export Promotion Councils (CHEMEXCIL, PLEXCONCIL, CAPEXIL and SHAFEXIL), in a joint exercise, are promoting exports of finished goods, while Asian and African countries target for exports thrust.

Buoyed by the export growth of over 17 per cent YoY in February, the Ministry of Commerce & Industry is encouraging a wider basket of exportable goods. At CapIndia 2017, over 200 buyers from 36 countries are talking to nearly 400 Indian exporters for products like chemicals including organic & inorganic chemicals, agro chemicals, dyestuff, cosmetics, toiletries, castor oil, plastics, construction materials, books & publication, paper and stationary products, wood and allied products. Overseas buyers include delegations from 13 African countries, 13 Asian countries and other important markets such as CIS, LAC etc.

“Sustainability in exports is very critical,” said Satish Wagh, Chairman, CHEMEXCIL, in adding, “The government thrust on exploring diverse countries for a whole variety of products is a big encouragement for India exporters. The overseas buyer is indeed spoilt on choices.”

Indian exporters are feeling more positive with developments like GST, government focus, global geopolitical realignments etc. More and more countries are looking at India for their needs for a diverse import needs. Dr Nguyen Thanh Hai, Chairman of the Board, Graphenstone,

from Vietnam, said, “For Vietnam India is a very friendly market. India has a lot of good products to showcase. The best edge of India is in terms of pricing and quality. India also has a lot of organic farming innovations.”