Categories: Business

There is a lot of potential for Indian exporters in Europe, the embassies suggested to increase exports

Photo: GOOGLE

Indian embassies suggest various measures to boost exports

new Delhi. Some Indian embassies based in Europe have suggested various measures to the Department of Commerce to increase the country's exports. These include increasing the presence of domestic exporters in a proper way to resolve trade disputes. An official gave information about this.

The official said he recommended electronic, telecommunications, textiles, textiles, leather and footwear, food products and agriculture, vehicles, steel and medicine, among others, which have a lot of potential for Indian exporters in European markets. The Ministry of Commerce has shared a list of over 1,500 products with embassies located in different countries, so that they can explore opportunities for domestic companies in those countries.

Other suggestions include providing credit to domestic companies for acquiring Small and Medium Enterprises (SMEs), raising awareness about quality, defined guidelines on resolving trade disputes, presence of Indian exporters in German trade fairs, e. -Promoting exports of apparel and consumer goods through commerce portals and exploring opportunities in health services.

It has also been recommended that there is good demand for PPE (Personal Protective Clothing) and organic foods in Belgium, while the Netherlands holds significant potential for agricultural commodities such as peanuts, processed vegetables, cocoa and basmati rice.

This post was published on June 27, 2020 7:06 pm

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