In the post-COVID era, there is going to be perceptible change in the global supply chain and India should be looking to capture significant share in the world trade says Minister of Commerce and Industry & Railways Piyush Goyal speaking to Export Promotion Councils (EPCs) of the country. 

 

He called upon the exporters to identify their strengths, potentials and competitive advantages in specific sectors and focus on harnessing them in the world markets. 

 

Goyal said that in the post-Covid era, there is going to be perceptible change in the global supply chains and Indian industrialists and exporters should be looking to capture significant share in the world trade. 

 

He assured them that the government will be a pro-active supporter and facilitator in their efforts and the Indian missions abroad can play an important. The minister said that Incentives can be given, but they have to be justified, reasonable and WTO-compliant.

 

Goyal said that the ministry is working on identifying the specific sectors which can be taken forward in the immediate future for the exports purpose. He said that there seems to be a good opportunity for export of agricultural and processed food items. 

 

The minister exhorted the export promotion councils to undertake brainstorming sessions with its members, and come up with similar actionable and big-ticket ideas.

 

The meeting was attended by FIEO, AEPC, SRTEPC, CLE, SEPC, GJEPC, CEPC, Shefexil, CEPCI, PEPCI, Pharmexcil, ECSEPC, EEPC, TEPC, Capexil and Chemexcil.