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Bhopal

Updated on: Thursday, May 30, 2019, 02:22 PM IST

Export goods as per global demand, say experts

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Budding exporters can roll out business by taking advantage of govt schemes

Indore: It is easy to export if done cautiously, but at the same time it’s not that easy so as to take it for granted. Even a small scale unit can start exporting with the help of several schemes and subsidies of certain central government bodies. Experts of central government and private bodies involved in promoting exports from the country said here in a seminar on Tuesday.

A Seminar was organised jointly by MP Small Scale Industries Organisation and Apostles Trade Com Pvt Ltd. , the theme of the seminar was policies and possibilities for import and export from western region of Madhya Pradesh. It was attended by 150 entrepreneurs of Malwa and Nimar region.

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Assistant general manager (AGM) of Directorate General of Foreign Trade (DGFT), Bhopal, Anupam Kumar threw light on the schemes available to start exporting. He also discussed about licensing process and suggested easy ways that the common man could get license by simply applying through on line registration. Kumar said that an aspiring exporter must study the item to be exported as per its demand abroad.

State Bank of India officer Jamuna Sukhdev discussed the financial aspects with regard to export and how banks have provisioned finance and loans to encourage export business, globally.

VP Sharma, officer in MSME development institute called upon small scale units to adopt lean technology, which is effective in cost reduction. Rajesh Bhatia, regional director of FIEO, explained about the nitty-gritty of export.

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Branch manager of Export Credit Guarantee Corporation (ECGC) Vikas Patankar said that many entrepreneurs don’t take the initiative because they don’t have clarity of government policies. He shared how his department works to cover the risks pertaining to export trade.

City head of National Small Industries Corporation (NSIC), D Ghatak shed light on the calendar of international trade and fairs to be held shortly. Ghatak said that NSIC never gives working capital to units directly. It delivers the amount to seller unit from which an exporting unit purchases goods to be exported.

Business mentor Amber Arondekar offered guidance to entrepreneurs on business expansion. He also discussed how positive mindset helps in accomplishing goals.

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Published on: Thursday, July 07, 2016, 09:10 AM IST
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