Market Development Programme at Meerut
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Meerut is known for manufacturing sports goods, cane furniture and hand tools for sports items. In order to boost export of these items from this western UP town, a two-day Market Development Programme was organized here jointly by FIEO and IIFT on 18 & 19 March. Western UP Chamber of Commerce (WUPCC) assisted in organizing this programme. According to FIEO’s Northern Region Chairman Dr R.K.Dhawan, the Federation is planning to organise a series of such MDPs across the whole of the Northern India with a view to encouraging the manufacturers in the region to enter |
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Dr R K Dhawan, Chairman (NR), FIEO presenting certificate to a participant. On his right is Mr. S K Sharma, GM, Distt. Industries Centre, Meerut. On his left is Mr. Sunil Agnihotri, Director, FIEO(NR). On the dais from left: Mr. Mahesh Jain, Senior Vice-President of WUPCC and Mr. R K Jain, Secy., WUPCC. |
into exports by helping them understand the dynamics of international trade. Such programmes have already been organized by the Federation at places like Lucknow, Kanpur, Khurja and Farukhabad in the recent past.
Explaining the current export scenario of the country to the participants at Meerut, Dr Dhawan said that appreciating rupee vis-à-vis US dollar was not only cutting into exporters’ operating profits but also threatening their very sustenance. Reiterating Federation’s demand for reintroducing dual exchange rate system to rescue exporters from the current predicament, he said, "We have been requesting the government for more than a year to reintroduce dual exchange rate system - one for the export purposes and another for the import and other trading purposes - but so far our words have fallen on deaf ears. We have also been asking for a series of fiscal and other measures to help the exporters, but what we have got till date are insufficient to make for the losses suffered by exporters. Surprisingly, the budget completely neglected the concerns of exporters compelling our Commerce Minister to meet the Prime Minister and convey exporter’s concern to him immediately after the announcement of the budget. We are waiting to see if sufficient relief is given to exporters in the forthcoming foreign trade policy announcement."
Dr Dhawan also referred to the impact of US subprime crisis on export prospects from the country and warned that if the government did not initiate immediate SOS measures, then the dual blows received by our exporters would lead to substantial workers’ lay off in the export industry.
During the programme, Prof. S K Verma and Prof. Madanlal from IIFT, New Delhi made presentations on global marketing framework, WTO, export and import policy; risk management, selection of market and export documentation.
Mr. Mahesh Jain, Senior Vice-President of WUPCC welcomed FIEO’s initiative in organizing the programme.
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41st Algiers International Fair
FIEO is participating in 41st Algiers International Fair, scheduled to be held from 7th to 12th June 2008 at Algiers, Algeria.
Product profile: Product for display includes edibles, industrial or medicinal plants, chemicals, paper & paper products, textile & home furnishings, tools, electrical machinery & equipments, vehicles other than railway or tramway rolling stock, furniture, bedding mattress, toys, games & sports requisites, works or art collectors pieces & antiques, ceramic products, glass & glassware. Retail sale is strictly not allowed.
Booth Charges: Cost of constructed 9 sq mtrs. built up booth @ Rs 6,000/- per sq mtrs + 12.36% service tax without freight (apporx.). For participation through catalogue show, the cost of sending catalogues upto weight of 2 kgs is Rs 5,000/-
MDA: Market Development Assistance is available to eligible exporters as per the MDA guidelines.
For clarification/confirmation, please contact: FIEO (Western Region), World Trade Centre, Cuffe Parade, Mumbai – 400005 Tel: 022 22183354, 22185093, Fax: 22183875 Email: fieowr@giasbm01.vsnl.net.in |
