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WTC Mumbai Presents Research Study on 'Accelerating Maharashtra's Export Competitiveness' to Union Minister Prabhu

Monday, May 14, 2018

Vijay Kalantri, President, AIAI (right) presenting MVIRDC World Trade Centre Mumbai Study on 'Accelerating Maharashtra's Export Competitiveness' to Union Minister Suresh Prabhu (centre). Also present on the occasion is Y. R.Warerkar, Executive Director, MVIRDC WTC Mumbai at the WTC Mumbai on May 11, 2018.

Vijay Kalantri, Vice Chairman, MVIRDC World Trade Centre (WTC) Mumbai presented MVIRDC WTC Mumbai’s Research Study on ‘Accelerating Maharashtra’s Export Competitiveness’ to Union Minister of Commerce and Industry and Civil Aviation, Suresh Prabhu at World Trade Centre Mumbai.

Minister Prabhu said, “Such Studies help us to frame policies keeping in view the various suggestions and recommendations outlined therein. The Study highlights the views of trade and industry which enable the government to provide direction for policy formulation”. He further complimented MVIRDC WTC Mumbai for an elaborate Study that will enhance Maharashtra’s export competiveness.

While presenting the Study Kalantri said, “Our Research Study meticulously analyses Maharashtra’s investment competitiveness across nine of its major export-oriented industries, and its infrastructure readiness, vis-à-vis other major states in India. The study is backed by recommendations to improve Maharashtra’s export competitiveness along with expert opinion.We believe if the recommendations are implemented there is scope to double Maharashtra’s exports from about 20 percent as a share in its GDP to about 40 per cent by 2025.

MVIRDC World Trade Centre Mumbai believes in promoting India’s international trade through cutting-edge research and market analysis. I affirm that the book will serve as a useful guide in policy-making, and will be beneficial to academicians as well as industry officials”. The study calls for renewed policy thrust to promote skill development, research, innovation and entrepreneurship. The study recommends the state government to promote awareness of e-commerce as an effective tool for accessing global markets among MSMEs.

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