Categories: Business

India export order book improving but labor shortage still a issue says FIEO


India export order book improving

new Delhi. Exporters believe that export of goods from the country will improve further in the coming months. However, the industry is still struggling with the shortage of manpower. Federation of Indian Export Organizations (FIEO), the leading exporters' organization, says that the order book is showing improvement. Fio Director General Ajay Sahai said there is no problem in short-term orders, but exporters are still not getting long-term orders. Sahay said, "The order book situation is improving. In such a situation, we hope that the situation will improve further. Right now orders are being received mainly from the US and European countries. "On the labor force crisis, he said that factories are still not able to operate at full capacity. But the situation will improve in the next few months.

Leather Export Council chairman PR Akil said the sector is doing well. "Our order book is improving." Expressing similar views, Apparel Export Promotion Council (AEPC) chairman A Sakthivel said there is a positive perception about Indian goods. This is helping us improve exports. Shaktivel said, "Orders are coming. This year, we are hoping to register a significant improvement in exports. The factories are currently operating at 60 percent capacity. We will reach the pre-Kovid-19 level by November. "

SC Ralhan, president of the Hand Tools Association of Ludhiana, said engineering exporters have good orders. But we are facing a problem due to shortage of manpower. Right now only 50 percent of the workers are coming to the factory. Because of this we are not able to increase production. Rakesh Kumar, executive director of the Handicrafts Export Promotion Council (EPCH), said orders are coming in, but are facing difficulty in increasing production due to shortage of labor. He appealed to the government to address the issues related to the Scheme of Export of Goods (MEIS) from India. He said that because of this, exporters are not able to fix the price of their products. Kumar said, "MEIS increases the ability of exporters to compete on price. But due to confusion about the scheme, exporters are unable to fix the price for new orders. "

This post was published on August 2, 2020 1:45 pm

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