There is immense scope to increase exports from A.P., says Visakhapatnam GST Commissioner

Exporters urged to adopt technology to comply with regulations and compete in world markets

November 29, 2022 10:37 pm | Updated 10:37 pm IST - VISAKHAPATNAM

GST Commissioner M.R.R. Reddy speaking at the inauguration of a capacity-building programme on ‘Districts as Export Hubs’ in Visakhapatnam on Tuesday.

GST Commissioner M.R.R. Reddy speaking at the inauguration of a capacity-building programme on ‘Districts as Export Hubs’ in Visakhapatnam on Tuesday. | Photo Credit: K.R. Deepak

Commissioner of GST, Visakhapatnam, M.R.R. Reddy, has highlighted the various initiatives taken by his department for facilitating trade and ease of doing business. GST has helped in improving efficiency in the entire value chain of operations, including procurement, manufacturing, warehousing, sales and pricing.

Speaking at the inaugural of a capacity building programme on ‘Districts as Export Hubs’, organised by the Federation of Indian Exporters Organisation (FIEO) in association with the Ministry of Commerce and DGFT, Vizag, here on Tuesday, Mr. Reddy urged exporters to adopt technology to comply with the regulations without any difficulties and to compete in the international market.

Joint Director General of Foreign Trade, Visakhapatnam, B.N. Ramesh, spoke on the export policy and various incentives being given by the State government to promote exports. The Foreign Trade Agreement (FTA) with Australia has concluded recently and India was poised to make FTAs with many more countries in future. The government wants inclusive growth in exports with both small and big players.

There should be diversity in the products being exported and also diversity of exporters. Under the Prime Minister’s dream project of ‘Districts as export hubs’, all districts in Andhra Pradesh would be covered and a notification would be issued shortly in this regard.

In his welcome address, Joint Director General, FIEO, K. Unnikrishnan said that DGFT was the nodal agency for implementation of the foreign trade policy. At the State-level, the State government has formed State Export Promotion Council to monitor the district export plans. The District Industrial and Export Promotion Council would be chaired by the District Collector. Visakhapatnam contributes to 26% of A.P.’s total exports, which makes it the largest district to contribute to exports for the State.

He said that at present Andhra Pradesh ranked sixth among exporting States with a share of 4.6% and within five years it could attain third position by contributing 10% of India’s exports as it was having immense potential to increase manufacturing and value addition in sectors like marine, pharma, healthcare, agro and chemicals. He urged the exporters to focus on UAE and Australia, by utilising the benefits offered under the newly-signed FTAs.

Deputy Commissioner of Customs, Visakhapatnam, P. Jean Jesudass, spoke on the role of Customs in the facilitation of exports.

Branch Manager of EGCG Amlendu Misra, General Manager of District Industries Centre (DIC) A. Ramalingeswara Raju, Area Sales Manager of HDFC Bank Suresh Jakkani and Assistant Director of FIEO Babu also spoke.

Top News Today

Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.