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Home»Industries»Kerala targets $20 billion in exports by 2027-28: Principal Secretary (Industries)
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Kerala targets $20 billion in exports by 2027-28: Principal Secretary (Industries)

By LucasNovember 21, 20252 Mins Read
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Tarun Sharma, Deputy Managing Director, Export-Import Bank of India; Harsha Bangari, Managing Director, Export-Import Bank of India; M. Nagaraju, Secretary, Department of Financial Services, Ministry of Finance; A.P.M. Mohammed Hanish, Principal Secretary (Industries),  . Deepali Agrawal, Deputy Managing Director, Export-Import Bank of India.

Tarun Sharma, Deputy Managing Director, Export-Import Bank of India; Harsha Bangari, Managing Director, Export-Import Bank of India; M. Nagaraju, Secretary, Department of Financial Services, Ministry of Finance; A.P.M. Mohammed Hanish, Principal Secretary (Industries), . Deepali Agrawal, Deputy Managing Director, Export-Import Bank of India.

Kerala Export Promotion Policy 2025 aims to transform the State into a globally competitive export hub with an ambitious target of $20 billion in exports by 2027–28, according to A.P.M. Mohammed Hanish, Principal Secretary (Industries).

Speaking at the Exim Bank’s seminar on ‘Redefining Growth: Strategies for Inclusive and Resilient Economic Development in Asia-Pacific’, he highlighted Kerala’s recent achievements in governance and business reforms, including securing the top rank in Ease of Doing Business reforms.

M. Nagaraju, Secretary, Department of Financial Services highlighted the governments s new Credit Guarantee Scheme for Exporters (CGSE) to strengthen exporters’ resilience amid global trade uncertainties. He outlined other targeted measures introduced by the Government to strengthen India’s export competitiveness, particularly for MSMEs, first-time exporters, and labour-intensive sectors.

Harsha Bangari, Managing Director, Exim Bank, underscored the growing significance of the Asia-Pacific region in global trade, highlighting the increasing importance of intra-regional trade, which now constitutes nearly half of Asia-Pacific’s total trade. Amid shifting global supply chains, the region presents significant opportunities for Indian exporters to diversify markets and deepen integration. She also emphasised on the role of South-South development financing initiatives and reiterated Exim Bank’s commitment to strengthening trade and investment linkages and fostering collaboration in the Asia-Pacific Region.

Nagaraju also released Exim Bank’s research publications titled “Strengthening Regional Cooperation and Trade in Asia-Pacific”, “Developing an Export Strategy for Kerala,” and “Namaste India: Unleashing its Travel and Tourism Potential,”.

The seminar witnessed participation from select leading Export Credit Agencies (ECAs) and Development Finance Institutions across the Asia-Pacific region and beyond such as Japan Bank for International Cooperation (JBIC), Export–Import Bank of Korea, Export-Import Bank of Malaysia Berhad, Eximbank Indonesia, African Export-Import Bank (Afreximbank), UK Export Finance, Export Development Canada (EDC), and Vietnam Development Bank, and Asian Development Bank (ADB) alongside policymakers, industry leaders, and exporters.

The seminar featured panel discussions on critical themes: ‘Navigating Trade Dynamics: Balancing Protection and Opportunities in Asia-Pacific Markets’; and ‘Fostering Sustainable Investment: Unlocking Growth in Key Sectors for Inclusive Development’.

Published on November 21, 2025



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