SME Times is powered by   
Search News
Just in:   • Amazon’s $48 billion investment in India to create new opportunities for youth: PM Modi  • "A Call for AI Democracy: Nadella Warns Against Concentrated Power"  • The 45-Day Trap: Why a Well-Intentioned Policy is Backfiring on Our MSMEs  • EAM Jaishankar, South Korea's National Security Director Wi Sung-lac hold talks  • Vietnam values and gives high priority to ties with India: Vietnam National Assembly Chairman 
Last updated: 29 Apr, 2020  

Goyal.9.Thmb.jpg Goyal holds discussion with export bodies

Goyal.9.New.2.jpg
   Top Stories
» Amazon’s $48 billion investment in India to create new opportunities for youth: PM Modi
» 11th BRICS Energy Ministers' meet to be held in Gurugram today
» PM Modi reviews Rs 30,000-crore infra projects, stresses faster execution
» MSMEs need protection, not just promotion: Report
» Gold, silver trade nearly 2 pc lower amid global interest rates concerns
SME Times News Bureau | 29 Apr, 2020

Minister of Commerce and Industry Piyush Goyal on Wednesday through Video Conferencing, held discussions with the Export Promotion Councils (EPCs) of the country.

He called upon the Exporters to identify their strengths, potentials and competitive advantages in specific sectors, and focus on harnessing them in the world markets.

Goyal said that in the post-Covid era, there is going to be perceptible change in the global supply-chains, and Indian industrialists and exporters should be looking to capture significant share in the world trade.

He assured them that the Government will be a pro-active supporter and facilitator in their efforts, and the Indian Missions abroad can play an important role in that. The Minister said that Incentives can be given, but they have to be justified, reasonable, and WTO-compliant.

Goyal said that the Ministry is working on identifying the specific sectors which can be taken forward in the immediate future for the Exports purpose.

He said that India is going to have a bumper Rabi harvest this season, and our storage facilities are overflowing.

At the same time, there are news stories that there is shortage of food items in several countries.

Many places are not having food of appropriate quality, taste and quantity, due to disruptions in the supply chains because of Covid-19 crisis. He said that this seems to be a good opportunity for export of agricultural and processed food items.

The Minister exhorted the Export promotion councils to undertake brainstorming sessions with its members, and come up with similar actionable, big-ticket ideas.

The meeting was attended, among others, by FIEO, AEPC, SRTEPC, CLE, SEPC, Chemexcil, GJEPC, CEPC, Shefexil, CEPCI, PEPCI, Pharmexcil, ECSEPC, EEPC, TEPC, Capexil, Chemexcil.

 
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
₹95.3
₹93.6
UK Pound
₹127.7
₹123.7
Euro
₹110.65
₹106.9
Japanese Yen ₹59.75 ₹57.9
As on 24 Jun, 2026
  Daily Poll
What’s your biggest challenge with the 45-day payment rule?
 Corporates canceling our orders
 Clients demanding longer credit anyway
 Strained business relationships
 Filing complaints kills future work
 No issues, cash flow has improved
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter