FICCI appreciates PM Modi’s vision for enhancing exports

Prime Minister Narendra Modi while interacting with the leaders and the heads of Indian Missions abroad from the trade world on the theme Local Goes Global-Make in India said it is due to technological, financial and physical connectivity that the world is getting smaller day by day. He said new possibilities for the expansion of exports are being created across the globe in such a situation. This vision of the Prime Minister and the path suggested by him to achieve higher growth target of exports by this year-end was appreciated and welcomed by the FICCI.

Modi stated that to increase exports, four factors play a very important role, among them the first being the manufacturing. He said manufacturing has been increased immensely and secondly the issues concerning logistics and transport are required to be taken care of. Third, the government needs to walk side by side with the exporters and the fourth factor is the requirement of international market for the Indian products.

Currently, the export constitutes 20% of the country’s GDP. The PM also stated that the scheme of production linked incentive will help in increasing our manufacturing scale besides increasing the level of global efficiency and quality.

He emphasised on establishing a new identity of Reliability and Quality. He said with new goals for Brand India, it is our endeavor to create a demand for Indian high value-added products across the globe.