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“Export trade to surpass target”

Staff Reporter
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Stress on need for better air connectivity

Good prospects: Walter D' Souza, chairman, FIEO, addressing a seminar in Tuticorin on Saturday. — Photo: N. Rajesh
Good prospects: Walter D' Souza, chairman, FIEO, addressing a seminar in Tuticorin on Saturday. — Photo: N. Rajesh

Federation of Indian Export Organisations was expecting $220 billion of export trade this fiscal, exceeding the target by $20 billion, its southern region chairman Walter D' Souza said.

Inaugurating a seminar on ‘Export management and procedures,' organised by the forum along with Indian Chamber of Commerce and Industry (ICCI) here on Saturday, he emphasised the need for better air connectivity.

Since Tuticorin had potential for growth, top priority must be given for developing infrastructure at Tuticorin airport to facilitate handling of domestic and international flights.

With trade and industrial activities on the increase in this region with huge potential for export business, the airport should also have a cargo complex in the future.

Export trade from Tuticorin was considerably good thanks to good logistic support from the port authorities.

Out of the total exports in the country, the southern region had contributed 30 per cent in the last three years — Tamil Nadu registering 42 per cent and Karnataka, Andhra Pradesh, Kerala and Puducherry contributing the rest. On enrolment in FIEO (Federation of Indian Export Organisations), he said that out of the total 13,000 exporters, 200 members belonged to Tuticorin.

The procedural hassles and delays would be sorted out, he said.

S.K. Maheshwari, General Manager, Foreign Exchange Department, Reserve Bank of India, Chennai, D.R. Kodeeswaran, Secretary, ICCI, spoke.


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