Export stars to be awarded today

Business
The government will honour 63 companies today with export trophies for their extraordinary performance in fiscal 2014-15.

The commerce ministry and the Export Promotion Bureau (EPB) will hand over the awards at a programme at Osmani Memorial Auditorium in the capital.

The awards would be given under 28 categories, including garment, yarn, textile fabrics, home textile, terry towel, frozen foods, raw jute, jute goods, finished leather, leather goods, footwear, agricultural products and agro-processed products.

The trophies will also be given for export of flower and foliage, handicrafts, plastic goods, ceramic goods, light engineering, electronic products, pharmaceuticals, and software.

The awardees would receive gold, bronze and silver trophies.
 
Zaber and Zobair Fabrics, a concern of the Noman Group, will receive the gold trophy for logging in the highest export earnings in fiscal 2014-15.

Not only the export volumes of the companies, but also other compliance issues related to tax payment and environment sustainablity were considered while selecting the awardees, said Bijoy Bhattacharjee, vice-chairman of the EPB.

Commerce Minister Tofail Ahmed will hand over the trophies to the recipients.

In fiscal 2014-15, the country's overall export earnings grew 3.35 percent year-on-year to $31.2 billion. However, the amount was well below the year's target of $33.2 billion.
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