(a) whether the country has not been able to diversify its exports beyond such traditional
products which were being exported from the country since the past;
(b) if so, the reasons therefor; and
(c) the steps taken by the Government to diversify its exports?
MINISTER OF THE STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (SHRI JYOTIRADITYA M. SCINDIA)
(a) to (c) Diversification of exports is a continuous endeavour. The Government of India
has formulated a strategy paper for doubling the exports, one of the components of which
is diversifying the product basket as well as the traditional markets for exports from
India. The strategy paper whose final version was released in May 2011 focuses on moving
up the value chain in respect of traditional Indian exports of Engineering, Textiles, Gem
& Jewellery with special focus on non-traditional sectors like Leather, Electronics and
Chemicals where there is a lot of potential for export from India. The Government has
also introduced Focus Market and Focus Product Schemes to encourage exports of traditional
as well as non-traditional products and to certain markets. Details of these Schemes are
available in the website of DGFT at www.dgft.gov.in.