Ministry of Commerce & Industry
azadi ka amrit mahotsav

Azadi Ka Amrit Mahotsav: Two-day Vanijya Utsav Export Conclave begins in Mumbai


Maharashtra’s share in national exports need to be raised from the current level of 20%: Union Minister Raosaheb Danve

Posted On: 21 SEP 2021 3:42PM by PIB Mumbai

Mumbai, 21st September 2021

Maharashtra State Minister for Industries and Mining Shri Subhash Desai has inaugurated Vanijya Utsav Export Conclave in the presence of Union Minister for State for Railways, Coal and Mines, Shri Raosaheb Danve; and Maharashtra Minister of State for Industries and Mining Smt. Aditi Tatkare; at the World Trade Center, Mumbai today.  The two-day event is being organised by Directorate General of Foreign Trade, Ministry of Commerce and Industry and Industries Department, Government of Maharashtra in collaboration with Gem and Jewellery Export Promotion Council (GJEPC).

 

The theme of the two-day conclave is ‘Showcasing India as a Rising Economic Force’ and will have panel discussions on various topics. The first day will discuss State and Central Government Support for export promotion, Maharashtra – as an export hub, Importance of Ports & Logistics in Exports, Banking & Finance Support for Export Promotion, Bilateral Trade Opportunities for boosting exports. Day two will explore export opportunities in Food Sector, Engineering Industries, Textile, Leather, Chemical & Pharmaceutical, Gems, Jewellery and Handicrafts. The conclave is being organized in accordance with the Azadi Ka Amrit Mahotsav events to commemorate the 75th Anniversary of Indian Independence.  Department of Commerce is organizing ‘Vanijya Saptah’ from 20th to 26th September 2021 with a focus on economic growth and promotion of exports from India.


 

In his inaugural address, Union Minister Shri Danve spoke about Aatma Nirbhar Bharat initiative and the efforts to be made to boost exports as well as reduce import dependence. “The Prime Minister is taking extraordinary efforts to make India an economic superpower. I am happy to note that under his leadership, India has become the world's fifth largest among world economies. Our aim is to transform India into a 5 trillion dollar economy. The Aatma Nirbhar Bharat initiative has been launched with this goal. Under this, we need to maximize our exports and reduce import dependence.” The Minister also mentioned that an export target of $400 Billion has been set for the FY 2021-22.

While Speaking about the state’s share in national exports he said that, the Maharashtra’s share in national exports need to be raised from the current level of 20%. “We need to strengthen Special Economic Zones (SEZ) and Micro, Small & Medium Enterprises (MSME) sector, which have an important role in export promotion. This will not only strengthen our economy, but will also create jobs and strengthen our social sectors. The central government has been bringing in reforms in sectors such as banking, agriculture, labour and social sectors, which has been well-appreciated by the industry. Our GDP has grown by 20% in the first quarter of FY 2021-22, this is a good sign, a feat we achieved during the pandemic.”  He also said that all of us need to work together to realize the dream of Aatma Nirbhar Bharat.

 

Maharashtra State Minister of Industries and Mining Shri Subhash Desai said that, “Maharashtra has a significant role and share in Nation’s GDP as well as Exports. Also Maharashtra will be at the forefront with increase in nation’s exports in future as well.”

Minister of State for Industries and Mining Smt. Aditi Tatkare, said that, “The Conclave will help to promote and boost exports in Maharashtra to a different level. Maharashtra has played a pioneer role when it comes to small, medium, large industrial sectors. This conclave will help us bring together fisheries, agriculture and textile along with other industries and also help to promote exports in respective fields. “

 

The Conclave aims to bring together all the relevant stakeholders under a single roof to highlight the progress made in exports from Maharashtra, showcase export potential, hold panel discussions and focus on strategies to improve export scenario from the State.

 

Industry representatives and senior officials from the State and Central Government are attending the event. Maharashtra as a state has enormous potential to grow its EXPORTS in each sector, whether it is manufacturing, agriculture, or service sector.  Vanijya Utsav would help in creating awareness and also help businesses to better realize their potential in Exports and thereby increase their profitability.

 

The programme comprises panel discussions on various sectors, namely Food, Engineering, Textile, Leather, Chemicals and Pharmaceuticals, Gems and Jewellery, Handicraft and Services which significantly contribute to export from Maharashtra. To add more depth to the event, discussions with relevant organizations such as DGFT, Customs, Consulate Generals, Infrastructure bodies and Financial organizations among many others are also being held, to help in understanding and promoting the exports from the state of Maharashtra.

DL/PM

 

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