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Rajya Sabha
Gems and Jewellery has topped the export of Industrial goods fetching about 10510 million dollars in the year 2003-04 followed by readymade garments – 6088 million dollars. Textile yarn, fabric and madeups exports were about 3324 million dollars and that of leather goods were 2025 million dollars during the same period. The highest growth rate in the last year has been registered by footwear of rubber and canvas (156.7%). This was stated by
Shri EVKS Elangovan, Minister of State for Commerce and Industry, in a written reply in the Rajya Sabha here today.
The Minister further stated that export promotion is a constant endeavour of the government and the strategies include simplification of procedures, reduction in transaction cost, neutralization of the incidence of all levies and duties on imports used in export production, linking commercial missions abroad through an electronic platform for trade intelligence and enquiry dissemination, identifying and nurturing special focus areas like handicrafts, textiles, gems and Jewellery, etc. Besides, several export promotion schemes such as ‘Target Plus’ scheme for exporters who have attained quantum jump in exports, new categorization of status holders, introduction of Free Trade and Warehousing Zone etc. have been launched.
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