Comm min asks exporters to focus on potential sectors to boost exports
The commerce ministry on Monday asked exporters to focus on potential key sectors such as food, electronics and engineering and 12 major markets to boost exports, an official said.
It was also suggested to focus on organising fairs and exhibitions at global scale, the government official said.
These issues among others were discussed during a meeting called by the ministry with the industry and exporters.
The meeting was chaired by commerce and industry minister Piyush Goyal.
The six sectors which hold huge potential to increase the country's exports include food, textiles, engineering, electricals and electronics, medical devices, pharma and auto components.
The main global destinations where exports could be promoted further include the US, UK, Brazil, Germany, Saudi Arabia, Sweden, Taiwan, Korea, Japan and Russia.
An industry representative, who participated in the meeting, said that emphasis was given on both trade and investments.
Increasing investments will help in promoti