CAPEXIL SHARE OF EXPORTS UP
WAREHOUSE SERVICES FOR RUBBER
& STONE TO START IN USA - RUDY
MMTC GETS TOP EXPORT AWARD
Exports under CAPEXIL
have improved its share of Indian exports from 7.37% to 7.62%
during 2001-02. It has registered an impressive export growth
of 16% in dollar terms during April - October 2002 compared to
the same period the previous year. Shri Rajiv Pratap Rudy, Minister
of State for Commerce & Industry, informed this while giving
away the export awards here last evening. Shri Rudy announced
that CAPEXIL was mooting warehouse services for products of rubber
and stone and also office interfaces modeled on call centers at
strategic locations in focus markets starting with the United
States under the Market Access Initiative scheme of the Ministry
of Commerce & Industry. Market Research on Rubber manufactured
products and Electronic and Traditional Publishing is already
underway in the US and similar studies are going to be carried
out on Ceramic Products and products of stone, he added. Shri
M.F. Vohra, Chairman, CAPEXIL was present in the function along
with representatives of trade & industry.
Shri Rudy indicated
that the upcoming North East Chapter of CAPEXIL would help the
exporters from that region to realise their true potential. The
Council is conducting a study for the initiation and enhancement
of exports of pottery ware from the Khurja area for the benefit
of the artisan entrepreneurs of U.P., the Minister said. Lauding
the role of the Council as one of the most vibrant of the export
promotion councils, he said it has acted as a catalyst for development
of export of chemical based and allied products. Shri Rudy congratulated
all the export award winners and assured that the government would
continue to extend all help in their endeavour. Shri S.D. Kapoor,
Chairman & Managing Director of MMTC, received the top export
award on this occasion.
CAPEXIL has improved
its share of Indian Exports from 7.37% during the previous fiscal
to 7.62% during 2001-02. The export in the non- mineral sector
under CAPEXIL was US $ 1443.8 million with 1.25% growth while
mineral sector export was US $ 1866 million with 2.1% growth.
