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Indian Govt to take steps to boost exports

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Minister of State for Commerce Nirmala Sitharaman today said that the Indian Government has taken a number of steps like promoting access to new products and finding new geographical areas to boost exports.

The share of Indias export in global trade was 2.2 per cent in 2015, of which the share of merchandise exports was 1.6 per cent and commercial services 3.3 per cent.

Promoting access to new products, finding new geographical regions through market access initiatives and market development assistance schemes, promoting product standards, packaging and branding of Indian products and providing facility for duty free import of inputs and machinery required for export production are some of the steps being taken to boost exports, she said.