ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Confidence at a Price

FROM import substitution, which entailed further imports, to export promotion, which should earn substantial foreign exchange in net terms, is travelling some distance. The Industrial Credit and Investment Corporation has essayed the journey. Last week it organised a conference on export promotion, at which most of its clients were represented by their export managers. While the complaints about handicaps and the demands for overcoming them at public expense were more or less familiar, a degree of robust optimism about the ability to export was clearly discernible. This was, perhaps, to be expected with so many professional managers around. They were confident of securing orders provided a number of 'ifs' were appropriately looked after.

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