New Delhi: Union Minister Piyush Goyal on Saturday said the future of exports from India will be defined by quality, requesting various heads of the Export Promotion Councils to identify individuals whose products spoil the reputation of India's 'Make in India Scheme' in international markets, as per press release.
Addressing a Mid-Term Review Meeting with heads of various Export Promotion Councils (EPCs), Goyal asked the councils to identify and name exporters whose products fail to meet international standards and are often rejected due to inferior quality. The Minister said the EPCs have not identified specific exporters hurting the reputation of ‘Made in India’ products in the world markets despite repeated reminders, adds the statement.
Speaking at the review meeting, Goyal also called for the scaling up exports to the tune of USD 450-500 billion by next year. On the issue of high global prices of Polymers and uniform application of Environment Laws, the input for the Plastics sector, Goyal assured the Commerce Department will take it up with the Environment Ministry on allowing the import of virgin plastics scrap and related issues.
He expressed satisfaction India’s exports have bounced back touching USD 197 billion in the first half of FY2021-22. "With 48 per cent targeted volumes achieved, we are on the right track," Goyal said. He said the Government is negotiating FTAs with various countries and blocs including the UK, UAE, Oman, Australia, Canada, EU, Russia and Southern African Customs Union (SACU) comprising Botswana, Lesotho, Namibia, South Africa, and Swaziland. “Equitable, fair and balanced and to the benefit of the Indian exporters, you will have to raise whatever are your concerns,” Goyal said, adding mostly issues are related to market access rather than tariffs.
Stating that Prime Minister Narendra Modi will unveil his most ambitious Infrastructure Development vision, ‘Gati Shakti’ programme on October 13, Goyal invited the Export Council heads to join the event by VC and participate with infrastructure issues of related export sectors. The National Logistics Policy has also been unveiled recently and exporters should flag their concerns, he added.
