MP can double its share in country’s exports, says FIEO President

 FIEO President Ganesh Kumar Gupta alongwith a delegation met Kamal Nath, Chief Minister of Madhya Pradesh recently to discuss about exports potential of the state and attract exports centric FDI in pharma, auto components, machineries, textiles, processed agriculture products etc.

FIEO offered its assistance to help the state to increase its share from about 1.6% in India’s exports to over 3% in next five years. Looking into the possibilities of augmenting exports to China and Iran of soyabean and soyameal, non basmati rice, pharmaceuticals, technical textiles, FIEO Chief urged the Chief Minister to lead a business delegation to China and Iran, which have huge demand for such products.

 

FIEO also requested for inland freight subsidy for all products as the cost of carrying cargo from MP to JNPT, in many cases works out to be more than overseas freight.

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