Mumbai, April 24, 2018: Union Minister for Commerce and Industry and Civil Aviation Suresh Prabhu gave away the CHEMEXCIL Export Awards and Certificates of Merit for the year 2016-’17 at a glittering function organized in the city on Saturday.
The awards were given in recognition of firms’ outstanding export performance. The election of awards and certificates of merit was done taking into consideration the consistency and growth achieved in exports during the last three years and the export figure for the year 2016-‘17.
A total of 73 awardees received the honours, including two life-time achievement awards. Congratulating the awardees, the Minister said that awards function was as much a time of
celebration as a reminder of the need to do much more.
The Minister said manufacturing of chemicals has become very difficult in most developed
countries, due to the stringent conditions they have imposed on manufacturing.
He said it was time to take advantage of the situation and claim a larger share of the global
market. A macro-strategy is required for this, the Minister said, adding Export Councils should strategize and work as think-tanks in coming up with sectoral strategies for export promotion, market access and other aspects.
Government had taken a huge number of initiatives in order to promote the growth of Indian industry, and chemical industry in particular, however, the key role in penetrating new markets would have to be played by the industry itself, while Government would be there to provide required support, he said.
United News Of India
