Fan makers call for higher incentives to boost export

Image
Press Trust of India Kolkata
Last Updated : Sep 16 2016 | 8:48 PM IST
Indian fan makers in the organised sector have demanded better incentives to boost exports after a sharp decline in 2015-16.
"Enabling policies should be in place for boosting exports. The government should review the incentives offered under the export schemes to enhance competitiveness in the domestic fan industry for export promotion," Indian Fan Manufacturers' Association President Rohit Mathur said today.
In the domestic production, the association members had registered 45.52 million fans, a growth of 8.18 per cent. During 2015-16, exports have registered a negative growth of 30.15 per cent, he said.
The Association was strongly committed to manufacturing the best cost effective fans around the world in terms of performance, durability and energy efficiency, Mathur said.
The leading fan manufacturers have been constantly working with the Bureau of Energy Efficiency (BEE) and Energy Efficiency Services Ltd (EESL), the association said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 16 2016 | 8:48 PM IST

Next Story