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        Customs, DGFT & SEZ

        Shri Piyush Goyal chairs review meeting on exports with Export Promotion Councils and Industry bodies

        November 7, 2022

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        Shri Piyush Goyal chairs review meeting on exports with Export Promotion Councils and Industry bodies

        Commerce Minister exhorts Export Promotion Councils to strive to maintain the momentum of export growth

        Asks Indian industry to support each other to create synergies and promote growth in a spirit of nationalism
        Urges exporters to strive to retain global markets during challenging times

        Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal today reviewed the sectoral progress in exports with Export Promotion Council's and Industry Bodies in New Delhi today.

        Minister of State for Textiles, Ms. Darshana Jardosh, Secretary, Department of Commerce, Shri Sunil Bartwal, Secretary Textiles, Ms. Rachna Shah, Representatives of the Export Promotion Councils, Industry Associations and senior officials from Department of Commerce, Department for Promotion of Industry and Internal Trade (DPIIT) and other departments were present at the review meeting.

        The Minister exhorted the export promotion bodies to give an active push to exports and maintain the momentum of healthy growth recorded in the previous year.

        Shri Goyal asked the various sectoral leaders to utilize the disruptions in the global trade in their favor by occupying the space yielded by some countries. He 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.He 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.

        The Commerce Minister also asked officials to analyze export data on the basis of sectors, commodities and markets to find out areas of opportunity for Indian exports. The Minister 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.

        Commerce Secretary, Shri Sunil Bartwal gave the opening remarks at the review meeting and elaborated upon the various steps taken by the Ministry to push exports. Director General of Foreign Trade, Shri Santosh Sarangi made a presentation on latest export trends and prospects.

        Export promotion urged to sustain growth and seize market opportunities through industry cooperation and data-driven targeting. The Commerce Minister directed Export Promotion Councils and industry bodies to actively sustain export growth by exploiting global trade disruptions, encouraging cross-sector collaboration, product diversification and targeted promotion of goods like castor. He advised temporary pricing flexibility to retain markets, required granular export data analysis by sector, commodity and market to locate opportunities, and urged open government-industry communication for prompt issue resolution and proactive ministry support.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Export promotion urged to sustain growth and seize market opportunities through industry cooperation and data-driven targeting.

                                The Commerce Minister directed Export Promotion Councils and industry bodies to actively sustain export growth by exploiting global trade disruptions, encouraging cross-sector collaboration, product diversification and targeted promotion of goods like castor. He advised temporary pricing flexibility to retain markets, required granular export data analysis by sector, commodity and market to locate opportunities, and urged open government-industry communication for prompt issue resolution and proactive ministry support.





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                                ActsIncome Tax
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