FIEO says Integration with Global Value Chain a Must for Exports

The increasing localisation is a fall out of Covid-19 across the globe but this will make market access for exports more difficult. However, if we can integrate into the global value chain, we are up for a quantum jump in exports, said President FIEO.

The stimulus Package should address both supply and demand side challenges emanating from Corona, observed Mr Saraf. The credit availability at soft interest rates, reduced tax rates, infrastructure development would help the manufacturing to start the process from local to global.