Calls upon the Government of Karnataka IIFT Strategy for export

The government of Karnataka, which has shown great interest, the rise of the state’s exports, the services of the Indian Institute of Foreign Trade (IIFT) from New Delhi to develop sectoral strategies aimed at increasing exports. Regardless of the information technology (IT), Karnataka research in areas like textiles, drugs in bulk, the plant-based products and handicrafts. The report IIFT expected to be completed in September 2005.

Exports from Karnataka has increased from Rs28, 890 crore during the period 2002-2003 to Rs41, 670 crore in 2003 - 2004 and are likely to exceed Rs50, 000 crore in 2004-2005. The State is confident it can reach exports of RS1, 00000 crore in 2009-2010.

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