An exports strategy for Telangana to help the State break into the top five over the next five years in the country is being readied.
“We are in the middle of finalising our exports strategy,” a senior official from the State government said on Wednesday about the initiative involving the Federation of Indian Export Organisations (FIEO).
One of the top exporters in the IT and ITeS space, Telangana is keen on becoming a leading merchandise exporting State too, something for which the exports strategy in the making would recommend measures. “Telangana is right now in top five exporting States, but if you exclude services exports our ranking falls. If we only look at merchandise export we are in top 10,” Industries and IT Secretary Jayesh Ranjan told a seminar on export opportunities for micro, small and medium enterprises organised by industry body CII.