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Govt identified 11 new markets to raise exports
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SME Times News Bureau | 25 Jul, 2012
Under market diversification scheme, the government has identified eleven new markets to spur exports growth, media reports on Tuesday.
According to the media report, as a part of its short-term strategy, commerce ministry has identified 11 big markets (countries) where India's share of imports was less than one percent. The idea is to increase this to 1.5 percent. This will fetch an additional USD 5 billion exports from India in the near future.
Out of the 18 countries with total imports of over USD 200 billion, India's share was less than one percent in 11 countries. These include Canada, Mexico, France, Germany, Italy, Spain, Russia, Australia, Japan, Korea and Taipei, which have now become focus market for exporters in the short-term.
Commerce ministry has roped in Federation of Indian Exports Organisation (FIEO) to implement its strategy in these identified eleven markets.
Besides, it will also help narrow down India's trade deficit that had touched an all time high of USD 185 billion in 2011-12, the report said.
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PLANNING FOR EXPANDING THE BUSINESS
SIDDHARTH SHAH | Tue Aug 7 15:48:36 2012
IF YOU WILL SUPPORT US TO EXPAND THE BUSINESS, IT WILL BRING GROWTH BOTH FOR US. I AM INTERESTED TO DO BUSINESS IN OVERSEAS.
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Re: PLANNING FOR EXPANDING THE BUSINESS
Nageswara Rao | Wed Aug 8 10:56:46 2012
We are in the chemicals and solvents trading business since a long time. We are selling our products to small scale industries. Now the small scale industries are facing so many problems. Now we wish to expand our business activities in any profitable line.
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Re: Re: PLANNING FOR EXPANDING THE BUSINESS
BALASUBRAMANIAN | Tue Oct 2 17:33:24 2012
I AM INTERESTED
T.BALASUBRAMANIAN
MANIS MARKETING
TIRUVARUR
TAMILNADU
INDIA
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New Markets
Ash Bharmal | Thu Aug 2 15:13:28 2012
In addition to Mexico,Nicaragua, Colombia, Ecuador should also be focused upon
censol@juno.com
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