Exporters should focus on new markets: Naidu

Vice President M. Venkaiah Naidu on Thursday urged exporters to focus on new markets and products.

Addressing a gathering after conferring FIEO Exports Excellence Awards 2018 here, Naidu said the country's exporters should focus on new markets, products and sunrise products, electric and electronic items.

According to him, with the focus on setting up state-of-the-art sea ports, airports, and highways connecting production centres to ports, exports should pick up faster and maintain a steady growth.

He said the Central government was giving greater thrust on development of infrastructure, agriculture sector and health sector.

Decisions like demonetisation and Goods and Services Tax (GST) are expected to have a positive impact in the coming years.

"I am aware of the initial difficulties that the exporters have been facing due to these steps. However, I am sure that the GST Council and the government have been quite responsive to such teething troubles and have been taking prompt action to address these concerns," he said.

--IANS

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