Interactive Seminar on Facilities & Opportunities in Export & Import Trade organized by GCCI

Ahmedabad, Gujarat, Jan 03, GUJARAT CHAMBER OF COMMERCE & INDUSTRY (GCCI)’s Banking and Finance committee alongwith MSME committee organized an interactive seminar on Facilities & Opportunities in Export & Import Trade at GCCI recently.
According to GCCI Addl. Secretary General Rahul Sheth, Sandeep Engineer, President, GCCI in his welcome address emphasized the critical role of EXIM trade in driving Gujarat’s industrial growth and India’s aspiration to become the third-largest global economy. He highlighted the transformative impact of India’s progressive EXIM policy, supported by initiatives like “Make in India,” rationalized customs duty rates, digital approvals, and robust financial backing from banks. He acknowledged government’s responsiveness to feedback from the trade and industry sector, which has significantly enhanced the ease of doing business. While outlining opportunities presented by innovative policies and sectoral integration, he also noted the challenges of addressing infrastructural gaps and navigating a dynamic global economic landscape.
Shri Engineer further congratulated GCCI’s Banking & Finance Committee and MSME Committee for organizing the event.
Shri Surendra Shah, Chairman, Banking & Finance Committee, GCCI, delivered the theme address, highlighted the importance of integrating innovative policies with trade practices to navigate global economic dynamics.
Sanjay Rudra, Executive Director of Union Bank of India, highlighted Gujarat’s status as India’s most progressive state and credited the nation’s economic growth to its thriving industrial sector, positioning India as a future global economic leader. He praised initiatives like Make in India and stated that there are ample of opportunities in the defense sector.
Shri Rudra stated that Union Bank of India’s is the second-largest bank in export finance. He called for a collaborative approach between banks and industries, citing policies like One District One Product, fostering investments, and Free Trade Agreements (FTAs) as key drivers of export growth and economic advancement.
Akhilesh Kumar, Zonal Head of Union Bank of India, delivered a detailed presentation on cross-border trade, highlighting Gujarat’s critical role as a major contributor to India’s export economy. He showcased the state’s strategic advantages, including its industrial strength, advanced infrastructure, and well-connected ports, which bolster its position in global trade. Shri Kumar also reviewed India’s overall trade performance, addressing emerging trends, key challenges, and growth opportunities.
Tejas Mehta, Chairman, MSME committee concluded the seminar with a vote of thanks.