Think out of the Box (non-traditional products) to increase Indian exports

To increase exports from India, Indian Government & concern departments should explore exports of non- traditional products and services which can be market and sold on International grounds.

In the initial phase, Government should offer incentives such as less tax or tax exemptions on such goods in order to keep these products competitive on the global market front.

Further, Government should share benefits of exports to manufacturers and small companies located in small cities & town, support them with right logistic channel, marketing channel enabling them to start their own exports.

As Government have one of the best logistic channel under their control- Railways, they can even explore ways like discounting Logistics for exports of products from interior location like North India to make these product more competitive in International markets.

Published on : 01-May-2016