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Bhubaneswar State, India targets 10% export growth

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The state government aims to achieve annual growth rate of 10% in exports from 2014-15 and has prepared a draft policy for it.

The draft export policy has proposed several initiatives like business to business (B2B) exchange, district-level export promotion committees along with several other financial and non-financial supports. Apart from this, incentives like exporter’s green card for seamless passage of consignments, raw material linkage, export credit, export development assistance scheme, exposure to visits of entrepreneur delegations, buyers and sellers meet and infrastructure development.

The government has taken a number of steps for development of infrastructure facilities like rail and road network, sea ports, airports and inland container depots. The state also has vast export potential in minerals and metallurgical products, engineering and chemical and allied products, marine products, electronics and software, agricultural products, handloom, textiles & handicrafts and tourism products, sources said.