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PM Narendra Modi urges exporters to achieve long-term export targets

Prime Minister Narendra Modi said the government is working to facilitate ease of doing business and boost exports, adding that new domestic products such as handlooms are entering new markets.

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  1. Inaugurating the new Vanijya Bhawan in New Delhi, Prime Minister Narendra Modi said the government had removed more than 32,000 unnecessary compliances. He said the new Bhawan will greatly benefit those associated with the trade, business and micro, small and medium enterprises (MSME) sectors.

  2. Indian Prime Minister Narendra Modi on Thursday called on exporters and the to set long-term export targets for themselves and to suggest ways to the government to achieve those numbers.

  3. The Prime Minister has also launched the NIRYAT (National of Imports and Exports for Annual Trade Analysis) portal, which is designed to provide stakeholders with a one-stop platform for all necessary information related to India’s foreign trade.

  4. Apart from job creation, exports a key role in transforming developing countries into developed countries, he added.

  5. “Last year, despite global disruptions, India’s exports reached $670 billion… To achieve the new target, a collective effort is necessary. Industry, exporters and the Export Promotion Council are all here. I will urge them not only to address short-term problems, but also to solve long-term problems with their own export goals,” he said.

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By Rebecca French

Rebecca French writes books about Technology and smartwatches. Her books have received starred reviews in Technology Shout, Publishers Weekly, Library Journal, and Booklist. She is a New York Times and a USA Today Bestseller...