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Traders told to double exports in a year

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Trichy: In an awareness programme on exports organised jointly by the Director General of Foreign Trade (DGFT) and Trichy District Tiny and Small Scale Industries Association (TIDITSSIA) at Trichy on Thursday, aspiring and existing exporters were encouraged to double the city’s exports in a year. Asserting that the governments and stakeholder departments can be approached for launching export ventures, officials said that Trichy and the central region have promising future in exporting vegetables, food products, and also brass lamps (kuthuvilakku).

Addressing the gathering, N Kanagasabapathy, president of TIDITSSIA, said, "As many as 23 flights lands in Trichy International Airport every day and soon the number would increase. Making use of the new destinations, traders should expand their export potential." With around 25 metric tonnes (MT) of commodities including vegetables being exported from Trichy airport every day, participants were told that the quantity can be increased to 50 MT in a year by connecting with the Non-Residential Indians (NRI) residing in Malaysia, Singapore, and the Middle-East.

Participants of the awareness programme, mostly aspiring exporters, sought the trade organisations and the officials of the Union ministry of commerce to frequently conduct export awareness camps to encourage and guide them. Explaining the details on registration and steps involved in availing the welfare schemes of DGFT, K Suganya, assistant director, DGFT, Chennai zone, said, "Only the registered exporters are eligible for various facilities extended by DGFT through foreign trade policy. Aspiring exporters should register with us."

While large-scale producers are well versed about the steps involved in registration and to avail subsidies, the small-scale producers are yet to be made aware of the export benefits. Officials also explained the foreign trade schemes such as Trade Infrastructure for Export Scheme (TIES), Merchandise Exports from India Scheme (MIES), and other duty exemption schemes during the event. Officials from the customs department had also explained the roles of customs in export promotion schemes while officials from banking institutes explained the loan facilities available for exporters in need of capital.


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