On June 23, Prime Minister Narendra Modi appealed to exporters and industry to fix a longer period. export target Suggest measures for yourself and the government to achieve those figures.
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Inaugurating the new Vanya Bhawan in New Delhi, he said that the government has removed over 32,000 unnecessary compliances.
He said that the new building will greatly benefit the people associated with trade, commerce and Micro, Small and Medium Enterprises (MSME) sector.
The Prime Minister also launched the NIRYAT (National Import-Export Record for Annual Analysis of Trade) portal – developed as a one-stop platform for stakeholders to obtain all necessary information related to India’s foreign trade .
They said that Exports play an important role In transforming a developing country into a developed nation besides generating employment opportunities.
“Last year, despite global disruptions, India’s exports touched $670 billion… To achieve the new targets, a collective effort is necessary. Industry, exporters and export promotion councils are here. I would urge them to fix not only short term but also long term export targets for themselves,” he said.
The government is working to promote ease of doing business and boost exports, Mr Modi said, adding that new domestic products like handlooms are reaching new markets.