The Minister of Commerce and Industry Piyush Goyal in a Video conference, with Office-bearers of Export Promotion Councils (EPCs), on Friday, while addressing the issues of exporters, due to COVID-19 talks about the quick recovery of the sector.
“The Exports, after setbacks in the first two months of this financial year, due to Covid-19, are recovering fast, as the Unlock process gains and the economic activity makes a revival. The data of June 2020 will reflect the gains, with the merchandise export figures touching almost 88% of the corresponding period last year.”
~ Piyush Goyal
The exporters have attained a fast recovery amid the turmoil even at the time when the nation is still adjusting to the new normal and there still are many areas in the country that are under containment zones and have restrictions.
While lauding the efforts of the exporters the minister said, “Most of the markets abroad have not been able to make such a remarkable comeback. On the issue of imports, they are still far behind and this is a good thing.”
Further, he added that the Unlock 2.0 has come with more permissions and it is expected that things will further improve in the future.
Speaking on PM Modi’s vision of ‘Atmanirbhar Bharat,’ he said that it implies engagement with the world, a self-reliant and strong India, a confident and vibrant nation, an India where everyone has the courage of conviction, everyone gets ample and fair opportunities to grow and prosper, where even a poor man lives a respectable life.
He called upon the industry to shun from over-dependence on imports and certain geographies, as this leads to long-term dire consequences. He exhorted them to make in India, use indigenous resources and skilled manpower, produce quality products, and use the economies of scale to deliver affordable products.
Further, he exhorted the exporters to be more competitive, be focused and play on their strengths. Also, he assured the exporters and the industry of full support from the Government.
The meeting was attended by representatives of FIEO, APEC, SRTEPC, GJEPC, CLE, CEPC, Shefexil, Pharmexil, ECSEPC, ISEPC, SEPC, EEPC, EPCH, PEPC, TEXPROCIL, Telecom EPC, Cashew EPC, Chemexcil, CEPEXIL, IOPEPC, PLEXCONCIL.
