Exports Lofty Target $400bn quite doable: FIEO

The Federation of Indian Export Organisations (FIEO) will focus & exhort its worthy members for persuing seriously the export promotion side of business, as the government aims to targets lofty $ 400 billion worth exports during the FY21, alluded A. Sakthivel, who assumed office as chairman of FIEO on Monday. The target is doable asserts new incumbant with the concerted efforts of the government and the industry.

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Observations

1. Requires measured marketing strategy and venturing into new & unconventional markets

2. (FTAs) free trade agreements with the UK, Europe, Australia, and the US would boost the country's exports by demand generation

3. FIEO president called for necessitating a large shipping company in India to streamline the business logistics

4. India needs to pitch selling as in credible investment alternative so as to attract foreign investments particularly those looking at both the Indian markets and exports 

5. The success of Vietnam could be immulated 

6. It is remarkably laudable to observe that the government is moving simultaneously with many trade partners in this given direction

7. A Sakthivel appealed the administration to look into incrementally raise Market Access Initiative funds from the current level to greater degree 

A Sakthivel, FIEO makes an aspirational statement here to take exports to $1 trillion in the next five years