SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 27 Sep, 2014  

EPCH.9.Thmb.jpg EPCH organizes seminar on exploring new markets

Handicrafts.9.jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
SME Times News Bureau | 31 Dec, 2013
Export Promotion Council for Handicrafts (EPCH) has organized a seminar on Exploring New Markets and Identifying New Products for promotion of exports from the country at Rajiv Gandhi Handicrafts Bhawan in New Delhi on Dec 28. The session was addressed by Dr. Tamanna Chaturvedi, Assistant Professor at Indian Institute of Foreign Trade (IIFT), New Delhi. The speaker interacted with participants wherein over 55 exporters were present. The objective of conducting this seminar was to make the member exporters aware on how new markets can be identified by customizing their existing products. The importance of product innovation in order to withstand the fierce competition from major exporting countries like China. During the seminar, Dr. Chaturvedi emphasized that before entering a market, the market should be analyzed on two parameters i.e. Import Demand and its Competitiveness. She informed that the Market’s competitiveness can be judged on parameters like demand of the product in its domestic market and position of Indian players to satisfy their demand. She also stressed upon availing the benefits provided by the Government to the handicraft exporters through various schemes like Focus Product Scheme (FPS), Focus market Scheme (FMS), Market Development Assistance Scheme (MDA) and Market Access Initiative (MAI). She made the exporters understand the importance of a HS Code and how the benefit varies from one HS code to the other. Using tools like Trademap.org explained that how the current export market can be understood i.e. major exporting countries, price of goods, growth in export over the years and tariff imposed on import using macmap.org. Rakesh Kumar, Executive Director-EPCH informed that the seminar was concluded with remarks about which right market should be picked keeping in view its taste and preferences, packaging and logistics, duty concessions through various agreements signed between India and other countries. The Executive Director-EPCH further informed that the Council will organize seminars on other subjects also for the promotion of handicrafts exports from the country.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter