Odisha sets a target to reach Rs.1 lakh cr exports by 2025
The Dollar Business Bureau The state government of Odisha, which is working on a new state export policy, has set a target of reaching Rs.1 lakh crore of exports by the year 2025. “Odisha has set a target of achieving an export turnover of Rs.1 lakh crore by 2025,” said L N Gupta, Additional Chief Secretary, Micro, Small and Medium Enterprises (MSME) Department on Thursday. The Government is working on a number of enabling factors that would be included into the new export policy in order to give a major boost to the State’s export turnover, he added. “A draft has been prepared for Odisha Export Policy, 2017, which lays emphasis on promoting the exports from traditional as well as non-traditional sectors,” Gupta said while addressing a seminar on export finance in Bhubaneswar. The Odisha Export Policy ...
Odisha sets seafood export target at Rs 20,000 cr in 5 yrs
PTI Odisha is eyeing five-fold growth in seafood exports to Rs 20,000 crore in the next five years and is looking to facilitate infrastructure development such as improvement in fishing harbors to meet the target. "Odisha has a huge potential to augment exports of seafood. We have set a target to increase the seafood export by five-fold," Chief Minister Naveen Patnaik said inaugurating a workshop 'Growth and Export Potential of Marine Products'. The total quantity of marine products exported during 2014-15 from Odisha, was 34,767 MTs valued at Rs 2,069 crore, said the State's fisheries and animal resource secretary B.P. Sethi. The trend shows a growth of 450 per cent over the export of 2000-2001, which was valued at Rs 379 crore, ...
Odisha targets seafood exports worth Rs 3000 cr in FY17
The Dollar Business Bureau With the upcoming state-of the art cold storage facilities at the Biju Patnaik International Airport (BPIA), the Odisha government has given itself a target to export sea food worth Rs 3000 crore during FY17. The cold storage facilities at BPIA, is being set-up in partnership with the AAI, and is likely to get completed within this year. Speaking about it the Fisheries and Animal Resources Development Secretary, Bishnupada Sethi said, "Odisha has witnessed Speaking about it the Fisheries and Animal Resources Development Secretary, Bishnupada Sethi said, "Odisha has witnessed increase in exports from 14,161 tonnes in 2007-08 to 35,630 tonnes in 2015-16. It generated foreign exchange earnings worth Rs 347.9 crore in 2007-08, while the amount was Rs 1,787.84 crore in ...
Increasing role of states in Indias export growth
Steven Philip Warner | The Dollar Business Cutting across to the more serious end, I got a call from our administration department that there was no direct flight to Ludhiana. So I asked him to give me a connecting option. I had known of a few friends and associates from Punjab in the past – all of them making good money from exports, so my admin manager’s response to a connecting flight request was an unpleasant shock. He said, “There is no direct flight to Ludhiana!” I said “Ok” and enquired about the AI flight that I had known about. He clarified that even that flight from Delhi had now been withdrawn. The fact that me as a stakeholder ...