FIEO urges Government to support exporters in undertaking overseas marketing initiatives to boost exports
With a view to boost outbound shipments, Federation of Indian Export Organisations (FIEO) has urged the government to support domestic exporters in undertaking overseas marketing initiatives. FIEO President A Sakthivel said that Indian exporters lack in marketing and small exporters hardly have resources to market aggressively overseas.
He stated ‘Government support and encouragement for aggressive marketing will push exports and will yield the desired results. We need to set up state-of-the-art exposition centers in important business centers abroad. Many countries have done it successfully.’
He also said that the country's exports are growing at a healthy pace and $2 trillion target by 2030 would be achieved before time. The country's goods and services exports have reached an all-time high of $773 billion in 2022-23.
Tag News
Monthly Debt Market Update, September 2023: CareEdge Ratings