State level export awards will henceforth be an annual feature.
The recently announced Karnataka Export Promotion Policy provides for
setting up a corpus fund to make the event an annual affair.
Large and Medium Scale Industries Minister R V Deshpande stated
this here today, while presenting the export performance awards
for the period 1996-2000.
He rued that despite both State and Centre providing special thrust
towards export promotion and encourage it through policy initiatives,
India's exports in global trade has hardly touched one per cent.
Exports from India touched $51.7 billion (Rs 2,50,000 crore) during
2002-03 registering a growth of 18 per cent in dollar terms over the
He said that it is unfortunate that to touch this figure it will still
take three years time in 2006-2007 as has been projected. He, however,
pointed that Karnataka exports has been showing tremendous growth in
the last five years.
From just Rs 8,400 crore during 1997-98, he said, exports have
trebled and have already cross the Rs 25,000 crore mark for the year
2002-03. Karnataka's share in all-India exports today stands at over
8 per cent and it is hoped that new policy would ensure it would touch
15 per cent by 2007.
He said with Centre and State bringing in a conducive milieu, industries
must gear up to meet the challenges of exports through quality and cost-effectiveness.
Among prominent electronics and software exporters include IBM Global
Services India Pvt Ltd, Wipro Limited., Infosys Technologies Limited.,
Mphasis BFL Limited., Electronics Relays(India) Pvt Ltd., Hical Magnetics
Pvt Ltd., TVS Electronics Limited. Few other companies that have
received awards and distinction certificates in various sectors
include Kudremukh Iron Ore Company Ltd, Motor Industries Co. Ltd.,
Gokaldas Exports Ltd, Vikrant Tyres Ltd, Allanasons Ltd., Ampersan Software
Applications Ltd., Sami Labs Limited., The Unique
Creations (Bangalore) Ltd., Rockwell (India) Pvt. Ltd., Supreme
Overseas Exports India Ltd., Deccan Leather Fashions., Rajesh Exports
Limited., Jagdale Exports., Himatsingka Seide Ltd., Bharat Electronics
Limited., Jindal Aluminium Ltd., I-flex Solutions, Bal Pharma Ltd.,
Glittek Granites Ltd'., Unicorn Agrotech Limited., Karnataka Antibiotics
and Pharmaceuticals Ltd. Under Best Export Award - Woman Entrepreneur
category -Bhasin International received the award.
Nearly 127 top exporters were honoured with mementos, citations