Industry & Economy
-
Exports & Imports
CII identifies key areas impacting exports
Our Bureau
New Delhi
April 5
The Confederation of Indian Industry has identified three areas to boost exports from the country in a survey conducted by it, prior to the announcement of Foreign Trade Policy 2007-08.
The most important barrier is the difficulty in obtaining visas for travelling for business development. Exporters have also sought reduction of processing time and further simplification of procedures for getting visas.
Second, most exporters are concerned about the high transportation costs that dent their competitiveness in the international markets.
According to a World Trade Organization study, maritime transport cost for India would decrease by over 15 per cent if port efficiency in India were at the level of France or Sweden. High inland haulage charges, long turnaround time in the Indian ports and long delivery periods have been identified as main factors affecting cost competitiveness of exports.
Third, the issue of continuity of export-promotion schemes and incentives within the trade policy is another area of concern for exporters. Abrupt discontinuance of schemes like `Target Plus' has impacted export plans for the companies.
More Stories on :
Exports & Imports |
Industry Associations
Article
E-Mail
::
Comment
::
Syndication
::
Printer Friendly Page
|
