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Annual Report 2011-12
:: PRESS RELEASES
Exim Bank Study highlights Export Potential of Sikkim
Release of Exim Bank's publication on "Sikkim: Export Potential and Prospects” at the hands of Dr. Pawan Chamling, Hon'ble Chief Minister, Government of Sikkim, at the inaugural function of the Seminar on "Export Potential of Sikkim" at Gangtok on August 28, 2009, in the presence of Shri P.D. Rai, Hon'ble Member of Parliament, Sikkim.
Exim Bank's study entitled "Sikkim: Export Potential and Prospects" was released at the hands of Dr. Pawan Chamling, Hon'ble Chief Minister, Government of Sikkim, at the inaugural function of the Seminar on "Export Potential of Sikkim" at Gangtok on August 28, 2009. The study identifies and analyses sectors that have potential for exports from Sikkim and attempts to outline a set of strategies which could enhance export capabilities of the State.
Delivering the Keynote Address, Dr. Chamling complimented Exim Bank for organizing the seminar as also conducting the study, which would enable the Government of Sikkim to provide focused support to the endeavours of the State for promotion of exports. Speaking on the occasion, Shri P.D. Rai, Hon'ble Member of Parliament, Sikkim, asserted that the State of Sikkim possesses tremendous potential to enhance exports and delineated specific areas where concerted attention could be given. Shri T.C. Venkat Subramanian, Chairman and Managing Director, Exim Bank of India, highlighted the efforts of Exim Bank of India in facilitating upgradation of the export capability and skills in the North East Region (NER) through, inter alia, workshops and seminars conducted with partner institutions and state governments. Shri. S.B. Pradhan, Secretary, Commerce and Industries Dept., Govt. of Sikkim, and Dr. Sunil Kaul, Managing Trustee, Action North East Trust, also expressed the need to enhance skills and entrepreneurship in the region
Exim Bank study observes that the agro-climatic diversity enables Sikkim to produce a variety of horticulture and floriculture products for which Sikkim has a comparative advantage from an export perspective. Within this, products which have good potential for exports include large cardamom, orchids, Temi tea, ginger, mandarin orange, medicinal plants, honey and handicrafts. The study also observes that cultivation of gherkins could be undertaken on a wide scale considering the availability of suitable climate and soil type in Sikkim.
Towards formulation of a viable export strategy for the State of Sikkim, the Study opines that such a strategy could encompass issues such as: creation of a conducive trade environment through, inter alia, developing alternate connectivity channels to the State and enhancing lists of products that can be traded through the Nathu la Pass, promoting local entrepreneurship in the State, creating a centralised umbrella public private partnership body which exclusively works on the development of "Brand Sikkim"; strategies at the production level could include developing disease-free quality planting materials of high-yielding varieties and identification of planting materials in line with demands of importing countries. The Study also advocates creation of processing units in the private sector and enhancing processing capability through collaboration with major food processing chain or a large corporation; post harvest management and marketing strategies with greater focus on marketing arrangements, including encouragement to private sector involvement in marketing; encouraging downstream food processing and research linked to marketing requirements for diversifying into horticulture and floriculture products; and adoption of two-tiered approach for export promotion, with focus on fresh produce in the short term, and focus on value-added processed products in the medium to long term to achieved desired export orientation.
The Seminar was organised by Exim Bank of India in association with Commerce and Industries Dept., Govt. of Sikkim, and Sikkim Chamber of Commerce.
For further information, please contact
Mr. David Sinate,
Research & Planning Group,
Export-Import Bank of India,
Centre One Building, Floor 21,
World Trade Centre Complex, Cuffe Parade,
Mumbai 400 005.
Telephone: (022) : 2217 2829,