New Delhi, Sept 28 (KNN)  The Department related Parliamentary Standing Committee on Commerce is to meet industry representatives next week to review the functioning of India Trade Promotion Organization (ITPO) with regard to its services for enhancing exports from Micro, Small and Medium Enterprises (MSMEs).

The Committee chaired by veteran BJP leader Shanta Kumar will examine the extent and support provided by ITPO to SMEs to access market abroad and its activities related to dissemination of trade information and seminars and workshops.  The committee will also suggest reforms in working and structure of ITPO. 
 
The MSME sector accounts for over 40 per cent of India’s exports. The share of MSMEs in total exports is spread across different product segments.  In case of items like textiles, leather goods, processed food, engineering goods and gems and jewellery, export performance has been commendable over the years.  Sectors like sports goods are almost 100 per cent export oriented.
 
In view of this, export promotion from MSME sector has been accorded high priority in India’s export promotion strategy and institutions such as ITPO were to play an important role in exposing MSMEs to international markets.  

ITPO’s annual flagship event – India International Trade Fair takes place in November each year.  (KNN/AB)