J&K must create new exporters, diversify export basket to meet 2030 target: CM Omar

Says 98 per cent, exports originate from four districts; pitches for dry port, inclusion of SHGs, artisans

Rehan Qayoom Mir

Srinagar, Jun 29: Stating that, Jammu and Kashmir must create a new generation of exporters and diversify its export basket to achieve the Union Government’s target of doubling exports by 2030, Chief Minister Omar Abdullah on Monday said the government will focus on making exports easier, expanding global market access and ensuring export growth reaches every district of the Union Territory.

According to the news agency—Kashmir News Observer (KNO) CM Omar addressed the inaugural session of the J&K International Buyer-Seller Meet organised by the J&K Trade Promotion Organisation (JKTPO) at SKICC here.

, CM Omar, who was the chief guest on the occasion, said, “As the Government of India has set a target of doubling exports by 2030, we have only four years to achieve it. While we have to support those who are already exporting, we also need to create exporters out of people who are not exporting today and whose markets are presently confined to Jammu and Kashmir or, at best, some parts of the country. Our effort is to make exporting easier for them,” the CM said.

The Chief Minister said Jammu and Kashmir has historically been an exporter, though not through conventional export channels.

“Traditionally, particularly in Kashmir, our buyers came to us. They came in the shape of tourists, bought our products and carried them back to different parts of the world. In every sense, those purchases were exports. We rarely relied on organised buyer-seller meets or handicraft fairs because buyers automatically came to Kashmir. Many lifelong relationships between artisans and buyers were built that way,” he said.

He, also said prolonged disturbances and the decline in tourism forced artisans to completely change their business model. “When dark clouds emerged and tourism almost dried up, our artisans had to innovate. They packed their products, travelled across the country and the world and rebuilt the linkages that had once come naturally,” he said.

CM Omar said buyer-seller meets were initiated during his tenure in the Union Commerce Ministry to reconnect Jammu and Kashmir’s producers with domestic and international buyers.

“When I was in the Commerce and Industry Ministry, Government of India, we started organising buyer-seller meets in Jammu and Srinagar to build relationships between buyers, manufacturers and artisans. This event is another step in that direction,” he said.

Highlighting this year’s event, the Chief Minister said, they have gone one step further this time. “Earlier these buyer-seller meets were largely confined to traditional handicraft exporters. Now we have opened the doors for self-help groups, particularly women from far-flung rural areas, giving them direct access to international buyers and new business opportunities” he said.

The Chief Minister said Jammu and Kashmir’s exports continue to remain concentrated in only a few districts. “Nearly 98 per cent of our exports come from Kathua, Samba, Jammu and Srinagar. The remaining districts account for only two per cent. The challenge before us is how to increase the number of exporters and spread exports across every region of Jammu and Kashmir,” he said.

Welcoming more than 30 foreign buyers from around 14 to 15 countries, the CM said the gathering offers an opportunity to understand international market demand. “It gives us an opportunity to understand what global buyers are looking for and tailor our products accordingly. We have to create products that buyers simply cannot refuse,” he said.

He said the introduction of the “Know Your Artisan” initiative would help international buyers connect with the people behind Jammu and Kashmir’s renowned handicrafts.

The Chief Minister also stressed the need for establishing a dry port in Jammu and Kashmir to simplify export procedures and ensure exports originating from the Union Territory are officially credited to J&K.

“We urgently need a dry port. Our goods are exported from here but are stamped elsewhere, because of which exports are credited to another state. There is a difference between the export figures maintained by the Government of India and those of the J&K Government because our products are processed outside the Union Territory,” he said. —(KNO)

14 COMMENTS

  1. It’s encouraging to see CM Omar emphasizing the need for J&K to diversify its export basket. The target for 2030 seems ambitious, but with a strong focus on creating new exporters, we can tap into untapped markets. It will be interesting to see which sectors are prioritized for this growth. recommended

  2. Creating new exporters in J&K will be crucial for achieving the 2030 target laid out by CM Omar. It’s interesting to see how diversification of the export basket can potentially open up new markets and reduce dependency on a limited range of products. This approach could significantly boost the local economy and create job opportunities. Looking forward to seeing concrete steps taken in this direction! recommended

  3. Creating new exporters while diversifying the export basket is crucial for J&K’s economic growth. CM Omar’s emphasis on the 2030 target highlights the urgency needed in fostering innovation and supporting small businesses. It will be interesting to see what policies the government puts in place to nurture this shift. related tool

  4. It’s crucial that J&K focuses on not just increasing the number of exporters but also on nurturing existing ones. Enhancing the skills and resources of local businesses can lead to innovative products that stand out in international markets, making diversification a key strategy to achieve the 2030 export target laid out by CM Omar. useful tool

  5. I appreciate CM Omar’s call for J&K to diversify its export basket. Focusing on creating new exporters is crucial; it could lead to more sustainable economic growth for the region. I’m curious about the sectors he thinks hold the most potential for exports by 2030. good resource

  6. Creating new exporters in J&K is a crucial step forward. CM Omar’s emphasis on diversifying the export basket makes a lot of sense to achieve the 2030 target. It’s essential for economic resilience and sustainability. I hope we see actionable plans that support local industries and foster innovation. relevant link

  7. It’s encouraging to see CM Omar emphasize the importance of creating new exporters for J&K. Diversifying the export basket is indeed crucial to achieve the ambitious 2030 targets. I believe investing in local industries and fostering innovation can significantly boost our economy and make our region more competitive on a global scale. It would be interesting to discuss specific sectors that might thrive under this initiative! worth a look

  8. It’s encouraging to see CM Omar emphasize the need for J&K to create new exporters. Diversifying the export basket is crucial, especially with a target like 2030 on the horizon. This strategy could lead to a more resilient economy and help local businesses flourish in the global market. The focus on innovation and new sectors is definitely a step in the right direction. recommended

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