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‘About 26% of AP’s exports from Vizag’.
Nov 30, 2022
Visakhapatnam is contributing about 26% of AP’s total exports, said Unnikrishnan K, joint director-general, Federation of Indian Export Organisations (FIEO).
The FIEO and the Union ministry of commerce jointly conducted an awareness session on ‘promoting Visakhapatnam as an export hub’ on Tuesday. The session was attended by about 150 exporters and entrepreneurs who have been given exposure to various emerging opportunities in exports from the district.
Unnikrishnan said that Vizag is the largest contributing district for AP’s exports. 'Focusing on port-led development can further enhance the industrial and export growth from Vizag. AP is currently ranked sixth among all states in terms of exports with a 4.6% share of total India’s exports. The state has the potential to reach the third position within the next five years by contributing 10% of India’s total exports,' said the FIEO joint director-general.
Vizag GST commissioner MRR Reddy highlighted various initiatives taken by the department for facilitating trade and ease of doing business. 'GST has made the entire value chain of operations efficient,' said Reddy.
timesofindia.indiatimes.com
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