Experts, business community discuss international trade

Experts, business community discuss international trade

SRINAGAR: Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) in collaboration with Director General Foreign Trade (DGFT) and Federation of Indian Export Organisations (FIEO), New Delhi, Wednesday organised a seminar on promotion of international trade.
The seminar titled ‘Energising Entrepreneurs’ was held at JKEDI’s Pampore campus and witnessed participation from over 120 people including the representatives of Kashmir Chamber of Commerce and Industry (KCCI), Federation Chamber of Industry Kashmir (FCIK), Kashmir Food Processors Association (KFPA), and JKEDI-sponsored entrepreneurs.
The event was part of JKEDI’s process to nurture entrepreneurial culture in Jammu and Kashmir. It was organised under the Government of India’s Niryat Bandhu scheme.
The seminar was inaugurated by Financial Commissioner Khurshid Ahmad Ganai, who is also the Commissioner Secretary for the Industries and Commerce department.
He lauded the institute’s role in promoting entrepreneurship and urged the participants to seize the opportunities available worldwide.
“If you have an idea, dedication and patience, you can create wealth for the nation. The entrepreneurs are blood in the body of a nation,” he said.
He also launched JKEDI’s Annual Report for 2013-14 and a special edition of the weekly news magazine carrying prominent success stories of JKEDI-sponsored entrepreneurs.
Welcoming the guests, Director JKEDI, Dr M I Parray, urged the participants to promote Kashmir trade in international market.
He assured them of “all required assistance in future as well”. Director General and Chief Executive Officer (CEO), FIEO, Ajay Sahai delivered the keynote address on the occasion.
He said India targets exports worth 900 billion dollars in the next three years.
“Need of the hour is to increase manufacturing with maintaining standards of quantity as well,” he said, suggesting that the state should create raw material depository for artisans and facilitate involvement of international designers for innovation in Kashmir art.
The Joint Director General of Foreign Trade, Dr Amiya Chandra, who was also present on the occasion, gave a detailed presentation about possibilities and challenges of international trade.