Want to export but don’t know how — this is one of the common challenges that many of our small businesses have to live with. They are willing to take the plunge into exports, but feel crippled when look to reach out to overseas markets first time. They have no experience, and there is a real dearth of information on how to move on. This barrier may easily be overcome by experience, but for newcomers or non-exporters, this is not less difficult than to move a mountain.
Today, it is a well-known fact that small businesses play a significant role in a nation’s economy. In India, we have millions of such enterprises, but their contribution to exports is only around 30 percent, and I think we have a vast scope to increase this share significantly by promoting export competitiveness of the sector. This requires — among many other measures, helping our small and medium enterprises get information on a silver platter.