Business
Swarajya Staff
Nov 08, 2022, 09:42 AM | Updated 09:42 AM IST
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Union Minister of Commerce and Industry Piyush Goyal on Monday (7 November) reviewed the sectoral progress in exports with Export Promotion Council's and Industry Bodies in New Delhi today.
During the meeting, the Minister exhorted the export promotion bodies to give an active push to exports and maintain the momentum of healthy growth recorded in the previous year.
Goyal asked the various sectoral leaders to utilise the disruptions in the global trade in their favor by occupying the space yielded by some countries.
He asked Indian industry to support each other to create synergies and promote growth in a spirit of nationalism.
Goyal told industry to strive to retain export markets even if they are to make temporary changes in their pricing structure to accommodate short term challenges, the Commerce Ministry said in a statement.
He encouraged exporters to explore unique products with good export potential such as castor and instructed officials of the ministry to act proactively to promote these products.
The Commerce Minister also asked officials to analyse export data on the basis of sectors, commodities and markets to find out areas of opportunity for Indian exports.
The minister called for open channels of communication between export promotion bodies and industry bodies with the government so that issues being faced may be flagged and resolved at the earliest.