Ministry Of Commerce English news | Ministry Of Commerce, Latest News & Live Updates in English | English News (Latest English News) at Lokmattimes.com

A 'District as Export Hub' promotion training program was organised on Friday for training young entrepreneurs in Jammu and Kashmir's Srinagar district on how to export their products in the international market.Directorate General of Foreign Trade (DGFT), Ministry of Commerce, and Federation of Indian Export Organisations (FIEO) in association with Kashmir Chamber of Commerce and Industry had organised the training program.In this training session, the entrepreneurs from around the area take tips from the experts of the aforesaid departments, who also guide them on how to process raw products into finished goods for the export market.Briefing about the program, Aruna Narula, a member of the Business Excellence Export System at DGFT said, "This was a seminar to bring awareness regarding the export procedure. Herein, we told the participants of the various schemes offered by our department-DGFT."Highlighting the shift in paradigm, she said, "The export procedure has been going on for quite some time, but in the previous times, it was all paperwork. Now, of late, it has become 100 per cent online. So, the seminar was aimed at creating awareness of the same."Adding to it, Sheikh Ashiq, President of Kashmir Chamber of Commerce and Industries said, "From the last 4-5 years, the export of the Kashmir area has witnessed a downward trend. However, post-COVID, the online prospects have opened. The need to create vast inventory is not there anymore. It has opened a lot of opportunities."Lauding the initiative, Arifa, a local entrepreneur, said, "The program was very helpful because we got to know about exports and the related schemes, and how we can avail help from the government to initiate exports and take the Kashmiri products to the world."As per the DGFT under the Ministry of Commerce and Trade, "Districts as Export Hubs is the first such initiative of Government of India which tries to target export promotion, manufacturing and employmentgeneration at grass root level and has made States and Districts accountable for the export growth from the Districts in the country."Through this initiative, the Government of India intends to contribute to the AtmaNirbhar mission by significantly increasing the manufacturing and exports from urban areas while focusing on generating interest and economic activity in the rural hinterland and small towns in the country to push new businesses to export, they said.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Ministry Of CommerceFOLLOW

Ministry of commerce, Latest News

Hyderabad, April 12 The governments of Telangana and Thailand have agreed to explore trade and investment in key ... ...

New Delhi, Feb 21 Abdul Razak Dawood, Adviser to the Pakistan Prime Minister on Commerce, Textile, Industry and ... ...

New Delhi, Jan 28 China has expressed concern over the business environment in India as Indian authorities conduct ... ...

Bangkok, Jan 15 Thai authorities have been trying to contain the price hike of necessities and goods, especially ... ...

New Delhi, Dec 20 India on Monday extended the "free" import policy for different kinds of palm oils ... ...

China strongly deplored new US sanctions barring exports for eight Xinjiang tech companies, saying such measures undermine international economic and trade between the two countries. ...

China strongly deplored new US sanctions barring exports for eight Xinjiang tech companies, saying such measures undermine international economic and trade between the two countries. ...

A 'District as Export Hub' promotion training program was organised on Friday for training young entrepreneurs in Jammu and Kashmir's Srinagar district on how to export their products in the international market. ...