A PROJECT REPORT

ON

THE TREND AND PROGRESS OF EXPORT

PROMOTION: - A CASE STUDY OF ODISHA
(SUBMITTED TO UTKAL UNIVERSITY IN PARTIAL FULFILLMENT OF DEGREE OF MASTER OF COMMERCE)

Submitted by:
SURYA KANTA MOHANTY
ROLL NO. 10619V153037
SESSION: 2015-2017

Under The Guidance of:

DR. MAHESHWAR SAHU
P. G. DEPTT. OF COMMERCE,
UTKAL UNIVERSITY, BHUBANESWAR

P.G. DEPARTMENT OF COMMERCE

UTKAL UNIVERSITY, BHUBANESWAR, ODISHA
2016

DECLARATION

I do hereby declare that the project entitled THE TREND AND PROGRESS OF
EXPORT PROMOTION: - A CASE STUDY OF ODISHA is submitted by me as a partial
fulfillment of the requirements for the degree of Master of commerce, Utkal University in the
course curriculum. It is the original piece of work done by me under the guidance of DR.
MAHESHWAR SAHU as my faculty guide and has not been submitted for the awards of any
other degree elsewhere in full or in part.

Date:

SURYA KANTA MOHANTY

Place:

Roll no. 10619V153037

P.G .Dept. of Commerce,
Utkal University

ACKNOWLEDGEMENT

The satisfaction that accompanies the successful completion of any task would be incomplete
without mentioning people who made it possible,

whose encouragement

and consistent

guidance crowned my effort with success.

I express my deep sense of gratitude and indebtedness to my guide, DR. MAHESHWAR
SAHU, Head of Departments P.G. Dept. Of commerce, Utkal University, Bhubaneswar for his
suggestions, constant inspiration and prompt guidance to carry out and complete this study.
Last but not the least I especially thank to all my teachers who have helped me directly or
indirectly to complete this project. I express my profound thanks to my seniors as well as my
family members and friends for their valuable suggestions and constant encouragement.

Date:
Place:

SURYA KANTA MOHANTY

Roll no. 10619V153037

Executive Summary
The world economy has been receiving shocks at regular intervals since the 2008 crisis.
While, there was recovery in global economy after the 2008 crisis, with developing countries
leading the recovery and developed countries like US and Euro Area countries facing
unemployment and recessionary trends, a reversal of roles seems to have taken place
recently. The July 2014 update of the IMFs World Economic Outlook has lowered both the
global growth projection and World trade volume projection for 2014 by 0.3 percentage
points to 3.4 percent and to 4.0 per cent respectively.

ABBREVIATIONS
ASIDE. Assistance to States Developing Export Infrastructure and
Allied Activities
ECGC.Export Credit Guarantee Corporation
NEIA.National Export Insurance Account
CAGR....Compound Annual Growth Rate
DGFT...Director General of Foreign Trade
FIEO.. Federation of Indian Export Organizations
IIFT...Indian Institute of Foreign Trade
EXIM BankExport and Import Bank
IBEF.Indian Brand Equity Foundation
EDF..Export Development Fund
UTUnion Territory
DoC...Department of Commerce
GSDP..Gross State Domestic Product
BDI..Baltic Dry Index

LIST OF FIGURES, TABLES & CHARTS:

List of Tables
Table No.

Title Of the Table

Page No.

2.1

Foreign Trade of India Pre and Post-

32

Independence Periods
2.2

Indias Export 1991-92:20111-12

44

4.1

Export of Goods from Odisha 2010-11 to 2014-15

63- 64

4.2

Comparative Export data of India Via-a Vis the

66- 67

Last 5 Years
4.3

List of Export house Status Exporters of Odisha

67- 68

4.4

Item wise Exports of Goods from Odisha during

69- 73

the Year 2014 to 2015

4.5

Total Fish Export of Odisha to other States or

73

Countries
4.6

Marine Products Export of Odisha

74

4.7

Comparison of GSDP and Export growth rate of

75

Odisha

CONTENTS

PARTICULARS

PAGE NO.

Certificate

Declaration

II

Acknowledgement

III

Executive Summery

IV

Abbreviations

List of Tables, charts & figures

VI

CHAPTER 1: INTRODUCTION1 - 8
1.1 Context
1.2 Export Promotion: An Overview
1.3 Review of Literature
1.4 Research gap & statement of the problem
1.5 Importance of the Study
1.6 Objectives of the study
1.7 Scope and Period of the Study
1.8 Research methodology
1.7.1 Sources of the data
1.7.2Tools and techniques
1.7.3 Editing and Presentations
1.8 Relevance of the study
1.9 Limitation of the study
1.10 Chapter Plan
CHAPTER

2:

EXPORT

PROMOTION:

THEORITICAL

PERSPECTIVE.... 9 51
2.1 Introduction
2.2 Export Promotion: A Critical Analysis

2.3 Gains on Foreign Trade

2.4 Export promotion And Economic Development
2.5 Export promotion Measures
2.6 Organisational set up
2.7 Review of Export Promotion Policy through Five Year Plan
2.8 Export Incentives
2.9 Financial and Fiscal Incentives
2.10 Legal Framework of Export
2.11 Export Procedures
2.12 Growth and Trend Of exports in World
2.13 Growth and Trend Of exports in India
2.14 Analysis of Best Practices adopted by developed countries
2.15 Conclusion
CHAPTER

3:

EXPORT

PROMOTION

OF

ODISHA:

AN

EMPHIRICAL

ANALYSIS.....52- 62
3.1 Profiles of Odisha
3.1.1 Economic Profile
3.1.1.1 Agricultural Sectors
3.1.1.2 Industry Sectors
3.1.1.3 Services Sectors
3.2 Export Policy 2014
CHAPTER 4: DATA ANALYSIS OF EXPORT PROMOTION: A CASE STUDY OF
ODISHA ..63- 75
CHAPTER 5: FINDINGS & CONCLUSION.75 - 80
5.1 Major Findings
5.2 Recommendations & Suggestions
5.3 Scope for future study
5.4 Conclusion

ANNEXURE
BIBLIOGRAPHY............................80 81

CHAPTER 1

INTRODUCTION

CHAPTER 2
EXPORT
PROMOTION: A
THEORITICAL
PERSPECTIVE

CHAPTER 3
EXPORT
PROMOTION OF
ODISHA: AN
EMPHIRICAL
ANALYSIS

CHAPTER 4
DATA ANALYSIS OF
EXPORT
PROMOTION: A
CASE STUDY OF
ODISHA

CHAPTER 5
FINDINGS,
SUGGESTION &
CONCLUSION