Financial Daily from THE HINDU group of publications
Wednesday, Sep 04, 2002

Port Info

Group Sites

Industry & Economy - Engineering

`More scope for export of engg goods'

Our Bureau


PRODUCTIVITY of industrial labour in Andhra Pradesh which at one time was low is now the highest in the country and there is vast scope to step up export of engineering goods and machinery from the State, Mr K. Vidyadhar Rao, Minister for Major Industries, has said.

In his valedictory address at the Impex Fair 2002 which was held here for five days, he said that during his recent visit to Malaysia, a number of industrialists there had come forward to import engineering machinery and goods from the State.

He said the State Government had taken a number of measures to facilitate speedy growth of industries. Time-bound single-window clearance and amendments to a number of Acts which in the current context had become archaic were some of them.

The Government had even addressed the Centre to empower special economic zones to grant all sanctions to exporters at one place. Economic prosperity was possible only through exports and in the current WTO regime it had become a pressing need for countries, he said.

Send this article to Friends by E-Mail

Stories in this Section
Debt or equity... a tough choice indeed!

Differing views on safeguard duty on ECH
Growth rate steady, says AP Finance Minister
`More scope for export of engg goods'
First BoT project future uncertain
Consensus on issues at Earth Summit
Norwegian aid for KSPCB
Pampa river action plan yet to take off
Clinic for metabolic disorders
IOC dispensers in Chennai by year-end — TN Govt drive to enforce norms for LPG as auto fuel
NTPC to float arm for power trading — Maiden deal with Kayamkulam
Maharashtra rejects Dabhol lenders' rate for power
Industry may raise hank yarn premium issue at meeting
CII survey upbeat on SSI export growth
Central sops to SSIs `disappointing'
Vijay TV turns pay; operators pull the plug
Kerala: Scheme to settle property cases
CII plans trade fairs abroad
Colour fading out for the garment sector?
`Karnataka Govt taking steps to help farmers'
PM gets into huddle with Ministers
3.32 lakh families covered under IBRD-aided project
Tax relief for titanium dioxide
Hyderabad Engagements
Training course on export mgmt
KSTDC to hardsell tourist destinations
SDG unveils software to detect money laundering

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line