Goyal exhorts export promotion bodies to give active push to exports

New Delhi, Nov 7 (Mayank Nigam) Union Minister of Commerce and Industry Piyush Goyal on Monday exhorted the export promotion bodies to give an active push to exports and maintain the momentum of healthy growth recorded in the previous year. Reviewing the sectoral progress in exports with the Export Promotion Council and industry bodies here, the minister asked the various sectoral leaders to utilize the disruptions in the global trade in their favor by occupying the space yielded by some countries, an official statement said. Goyal asked Indian industry to support each other to create synergies and promote growth in a spirit of nationalism.

He told industry to strive to retain export markets even if they are to make temporary changes in their pricing structure to accommodate short term challenges. The minister encouraged exporters to explore unique products with good export potential such as castor and instructed officials of the ministry to act proactively to promote these products. Goyal also asked officials to analyze export data on the basis of sectors, commodities and markets to find out areas of opportunity for Indian exports. He called for open channels of communication between export promotion bodies and industry bodies with the government so that issues being faced may be flagged and resolved at the earliest.