India's export sector performs well despite global slowdown: Nirmala Sitharaman

Commerce and Industry Minister Nirmala Sitharaman has said, India's export sector has performed well despite the global slowdown. 

Addressing a press conference in New Delhi on key initiatives taken by her Ministry during the last three years, Ms Sitharaman said, notwithstanding global headwinds, exports have shone in last 6 months. 

Ms Sitharaman said, number of mandatory documents required for exports and imports have been reduced to



three each. The Minister said, forms related to imports and exports have also been simplified. 

The Minister said, Government e-Market place is a remarkable step towards fighting corruption and ensuring transparency in Government transaction. 

She said, there is an increase in exports from special economic zone in the last three years. Exports were valued at 5.23 lakh crore rupees in 2016-17.