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Annual Report 2009-10
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:: PRESS RELEASES |
Exim Bank Study highlights Export Potential of Mizoram
Release of Exim Bank's publication on "Mizoram: Export Potential and Prospects" at the hands of Shri Lalrinliana Sailo, Hon'ble Minister for Trade and Commerce, Government of Mizoram, at the Seminar on "Export Potential of Mizoram" held in Aizawl on August 3, 2009
Exim Bank's study on 'Mizoram: Export Potential and Prospects" was released at the hands of Shri Lalrinliana Sailo, Hon'ble Trade & Commerce Minister, Government of Mizoram, at the inaugural function of the Seminar on "Export Potential of Mizoram" at Aizawl on August 3, 2009. The study analyses sectors having export potential aimed at facilitating a strategy for enhancing export capabilities of Mizoram.
Delivering the Keynote Address, Shri Lalrinliana Sailo, complimented Exim Bank for organizing the seminar as also conducting the study, which would enable the Government of Mizoram and agencies such as the Mizoram Entrepreneurship Network (MEN) to provide focused support to the exports efforts of the State. Speaking on the occasion, Mr. T C Venkat Subramanian, Chairman and Managing Director of Exim Bank of India, opined that the North-Eastern Region (NER) has tremendous potential to increase trade with the neighbouring countries and South-East Asia, especially in sectors such as agro-processing and handicrafts. In this context, Mr. Venkat Subramanian highlighted the efforts of Exim Bank of India to upgrade the export capability and skills through workshops and seminars conducted in the NER with partner institutions and state governments. Prof. Ashoke K. Dutta, Director, Indian Institute of Management, Shillong, also expressed the need to enhance skills and entrepreneurship in the region. Exim Bank study observes that the comparative advantage of Mizoram from the export perspective would lie in high value horticulture and floriculture products, as also on handlooms and handicrafts, and products with export potential would include passion fruit, ginger, mandarin orange, grapes, banana, chayote squash, bird's eye chilli, wild mushroom, anthurium, medicinal plants and handicraft products. The study also observes that cultivation of gherkins could be undertaken on a wide scale considering the wide range of agro-climatic zones in Mizoram.
Towards formulation of a viable export strategy for the State of Mizoram, the Study opines that such a strategy could encompass issues such as: conducive trade environment; enhanced fruit juice processing to tap growing international demand; promotion of organic farming with proper collection, storage, packaging and transportation facilities; promoting entrepreneurship in the State; strategies at the production level including developing disease-free quality planting materials of high-yielding varieties; collaboration with large corporates to enhance processing capability; post harvest management and marketing strategies with greater involvement of the private sector; and promotion of handicraft and handloom products with design enhancement reflecting the cultural essence of the State.
The Seminar was organised by Exim Bank of India in association with Export Credit Guarantee Corporation of India (ECGC) and Mizoram Entrepreneurship Network (MEN).
For further information, please contact
Mr. David Sinate,
General Manager,
Research & Planning Group,
Export-Import Bank of India,
Centre One Building, Floor 21,
World Trade Centre Complex, Cuffe Parade,
Mumbai 400 005.
Telephone: (022) : 2217 2829,
Fax::(022) 22182572.
E-mail:dsinate@eximbankindia.in
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