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Odisha registers 55% increase in export despite Covid
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SME Times News Bureau | 22 Jan, 2021
Despite the adverse situation caused by Covid-19 pandemic, export from
Odisha in the current financial year up to November has registered 55
per cent increase, said Chief Minister Naveen Patnaik on Friday.
"I
am glad that despite the adverse situation caused by COVID-19 pandemic,
export from the State in the current financial year up to November has
registered 55 per cent increase over the export value corresponding to
the same period in last financial year," said the Chief Minister at the
State Export Award Ceremony here.
He said this is an outstanding
achievement by the exporters of Odisha despite global recession and
stiff international competition.
Congratulating the exporting
community of the state for this remarkable feat, he hoped that this
upward trend will continue in the coming years.
Patnaik said
district-level export promotion committee has been constituted in each
district to facilitate export of local products.
"There are many
local MSME products which have the potential to compete in the global
market. Time is not far off when the Departmental stores in Europe and
America will be studded with products made by our Women Self Help Groups
from Kalahandi, Kandhamal and Malkangiri," said Patnaik.
"Quality
of products is an essential factor for boosting export. We must think
of world-class standard while considering the quality aspect of a
product or a service," he added.
He said the state government is
striving to create a conducive atmosphere to promote export through
greater ease of doing business, implementation of 5T mechanism,
infrastructure support and facilities for quality standardisation.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
84.35
|
82.60 |
UK Pound
|
106.35
|
102.90 |
Euro
|
92.50
|
89.35 |
Japanese
Yen |
55.05 |
53.40 |
As on 12 Oct, 2024 |
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