The Confederation of Indian Industry (CII) Gujarat Panel on International Trade Exports and Collaboration (ITEC) recently hosted the inaugural Gujarat Exports Conclave, centered around the theme: “Empowering Export Competitiveness, Enabling Economic Growth – Gujarat’s Contribution to India’s $5 Trillion Economy.”
This landmark event brought together stakeholders, including policymakers, industry leaders, exporters, bankers, and logistics experts, to discuss and strategize advancing Gujarat’s export capabilities. The discussions revolved around promoting key export sectors, enhancing global market competitiveness, and leveraging Free Trade Agreements (FTAs) to open new markets and improve market access.
Mr. Sunil Dave, Co-Convenor of the CII Gujarat Panel, emphasized Gujarat’s role as a manufacturing and export powerhouse, stressing the importance of innovation and adaptation in maintaining global competitiveness. Mr. Kulin Lalbhai, Chairman of the CII Gujarat State Council, highlighted the potential of Gujarat’s export sector in driving India’s economic transformation, mainly through diversification into emerging industries like renewable energy and electronics. He also stressed the need to build globally recognized brands and expand into new markets.
Mr. Tarun Sharma from India Exim Bank discussed the importance of expanding Gujarat’s export basket and enhancing risk management practices. At the same time, Mr. Girish Aggarwal of APM Terminals highlighted the strategic role of Gujarat’s ports in boosting trade activities and called for the expansion and diversification of port infrastructure.
A panel discussion moderated by Dr. Dhaval Sheth delved into sectoral growth, global strategies, and policy enhancements, featuring insights from key industry experts. The session addressed opportunities and challenges in sectors like textiles, manufacturing, and engineering, focusing on innovations in logistics and export credit insurance.
With nearly 90 industry leaders in attendance, the conclave underscored the importance of collaboration in boosting Gujarat’s export potential, aligning with India’s goal of becoming a $5 trillion economy by 2047.
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