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Export Promotion Policy on the anvil

Export-Promotion-Policy-on-the-anvil

The State Government would soon unveil an ‘Export Promotion Policy’ to give greater impetus to the growth of exports from the state, disclosed R Karikal Valaven, Special Chief Secretary – Industries & Commerce, Infrastructure & Investment Department, on Friday. Stating that the State Government is encouraging the setting up of multi-modal Logistics Parks at Anantapur and Kadapa, Valaven said that every effort is being made to tap the potential of the ‘best road and rail network’ Andhra Pradesh has.

Addressing the second edition of Logistics Conference organized by the Confederation of Indian Industry with the theme “Economic Prosperity through Logistics” through a digital platform, Valaven pointed out that Andhra Pradesh is best connected with road, rail, and sea network and there is a need to focus on inland waterways to reduce Logistics cost in the state. In order to enhance connectivity industrial clusters, the Government is planning to set up coastal shipping berths along the seacoast to leverage the advantage of the longest coastline in the State. He also stated that the government is focusing on exports and would announce an Export Promotion Policy to provide further impetus to the growth of exports from the state.

K Rama Mohan Rao, Chairman, Visakhapatnam Port Trust, in his speech, highlighted various initiatives of the Government like ‘Make in India’, ‘Atmanirbhar Bharat’, and ‘Sagar Mala’ to drive growth in the logistics sector. He felt that proposed coastal economic zones in the state would drive the growth of Andhra Pradesh. Rama Mohan Rao said that Visakhapatnam Port has taken all the required measures for the safe evacuation of goods in view of the Covid-19 pandemic. Enhanced cargo handling system helped to avoid congestion at the Port, he said in his address.

Naresh Penumaka, Chief Commissioner of Central Excise and Customs, Visakhapatnam stated that the Customs department had taken several measures to ensure smooth flow of goods and services in view of the Covid-19. He mentioned that the department has reduced the paperwork and ensured the timely clearance of various goods. He also said that the government had appointed Nodal Officers to ensure faster clearance of goods at the ports. Krishna B Kotak, Chairman, J.M. Baxi Group, in his address said Andhra Pradesh is strategically located and plays a major role in contributing to the overall growth of the country. D. Ramakrishna, Chairman, CII Andhra Pradesh and Managing Director of Efftronics Systems Pvt Ltd presided over the inaugural session.

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