MUMBAI, INDIA: Sustained by the export growth of over 17 percent year over year (YoY), the Ministry of Commerce and Industry in India is encouraging a wider basket of exportable goods.
At Cap India 2017, a joint platform by four export promotion councils, CHEMEXCIL, PLEXCONCIL, CAPEXIL AND SHAFEXIL, over 200 buyers from 36 countries are talking to nearly 400 Indian exporters for products like chemicals including organic & inorganic chemicals, agrochemicals, dyestuff, cosmetics, toiletries, castor oil, plastics, construction materials, books & publication, paper and stationary products, wood and allied products.
Overseas buyers include delegations from 13 African countries, 13 Asian countries and other important markets such as CIS, LAC etc.
Sustainability in exports is very critical, the government thrust on exploring diverse countries for a whole variety of products is a big encouragement for India exporters. At Cap India 2017 the product showcase includes thousands of products,” said Satish Wagh, chairman, CHEMEXCIL,
“The overseas buyer is indeed spoilt for choices. Steps such as Cap India 2017 would go a long way in promoting SMEs and non-core products going a long way in building sustainability in our exports,” added Wagh.
Indian exporters are feeling more positive with developments like GST, government focus, global geopolitical realignments etc. More and more countries are looking at India for a diverse imports needs.
Among the overseas buyers at Cap India 2017 is Dr Nguyen Thanh Hai, chairman of the board, Graphenstone, from Vietnam. He is busy talking to a number of Indian exporters. Sounding satisfied with his visit, he said, “For Vietnam, India is a very friendly market. India has a lot of good products to showcase. The best edge of India is in terms of pricing and quality. I am here to import chemical for paints. India also has a lot of organic farming innovations which I am very impressed with. I will be looking forward to coming back again to this event, wishing at an even larger scale.”
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