Home / Knowledge / News / Textiles / India's MSME ministry proposes body to boost exports

India's MSME ministry proposes body to boost exports

08
Jan '19
India’s micro, small and medium enterprises (MSME) ministry has proposed to set up a governing council to ensure efficient delivery of all export-related interventions as part of its plan to boost shipments. It has suggested analysing various trade agreements to identify areas of concern in its strategic action plan, ‘Unlocking the Potential of MSME Exports’.

A study will be conducted on special economic zones and export promotion zones in the country to reassess their role and objectives as these are an essential constituent of foreign trade policy and it is important to harness their potential, according to the action plan.

A portal featuring country-wise list of global products and services in demand and information on how to enter specific foreign markets will be set up. It will have information on loans and credit offered by financial institutions.

A formal platform may also be created by the ministry to ensure that it is involved in all bilateral and multilateral trade negotiations having an impact on the enterprises.

The governing council will comprise senior officials and members from the MSME ministry, commerce ministry, MSME Export Promotion Councils, export development authorities and commodity boards, according to a news agency report.

The National Resource Centre for MSME Exporters will engage with various global agencies to promote procurement from Indian MSMEs. (DS)

Fibre2Fashion News Desk – India


Interviews View All

Amrit Sethia, SOIE

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Top executives, Textile industry

Top executives
Textile industry

RoSCTL is need of the hour

Claudia Kersten, Global Organic Textile Standard

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Amol Bhagwati,

Amol Bhagwati

A textile finishing solution provider, Inspiron Engineering Private...

Farheen B Rahman & Priti Jain,

Farheen B Rahman & Priti Jain

Founded by business-designer duo <b>Priti Jain and Farheen Rahman</b>,...

Carolin Russ,

Carolin Russ

Weko, Weitmann &amp; Konrad GmbH &amp; Co KG, based in south Germany, is...

Johan Berlin, InvestKonsult Sweden AB

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Bani Batra,

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Niti Singhal, Twee In One

Niti Singhal
Twee In One

Best known for convertible clothing, Indian brand Twee In One by designer...

Nisha Chanda, Whistling Woods International School of Fashion

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


December 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search