2026-01-19 · News

Assam's standing in the national export landscape has been revealed with the release of the Export Preparedness Index (EPI) 2024 by NITI Aayog. The index, a comprehensive assessment of states' readiness to leverage export opportunities, placed Assam at the 24th position among all states and union territories in India. This ranking invites a closer look at the factors influencing Assam's export ecosystem and the areas requiring attention.

Understanding the Export Preparedness Index

The Export Preparedness Index is a crucial tool for evaluating a state's export potential. It considers various parameters, including policy framework, business environment, infrastructure, and export promotion efforts. A higher ranking indicates a more conducive environment for businesses to engage in international trade, attracting investment, and boosting economic growth.

Assam's Performance: A Detailed Look

While securing the 24th rank nationally, Assam's performance warrants a detailed analysis. The specific pillars and sub-pillars where the state lagged behind need to be identified to formulate targeted strategies for improvement. Was it policy implementation, infrastructural gaps, or a lack of export diversification that contributed to the ranking? These are critical questions to address.

It is also crucial to note that this is not necessarily a static reflection. The EPI is a snapshot in time, and it is influenced by initiatives and policies implemented in the preceding period. Therefore, proactive steps taken by the Assam government to improve export infrastructure, streamline regulations, and promote local industries could significantly impact future rankings.

Factors Influencing Assam's Export Capacity

Several factors play a significant role in shaping Assam's export capacity:

Infrastructure: Adequate infrastructure, including transportation networks (roads, railways, and waterways), logistics facilities, and access to ports, is vital for efficient export operations. Improvements in these areas can reduce transportation costs and transit times, making Assam's products more competitive in the global market.

Policy and Regulatory Environment: A supportive policy framework that encourages exports, simplifies procedures, and provides incentives for businesses is essential. This includes streamlining customs procedures, reducing bureaucratic hurdles, and ensuring a transparent regulatory environment.

Access to Finance: Easy access to credit and financial assistance is crucial for exporters, especially small and medium-sized enterprises (SMEs). Government schemes and initiatives aimed at providing affordable financing options can significantly boost export activity.

Skill Development and Training: A skilled workforce is essential for producing high-quality goods and services that meet international standards. Investing in skill development programs and providing training in export-related activities can enhance the competitiveness of Assam's workforce.

Product Diversification: Assam's export basket needs to be diversified beyond traditional commodities. Identifying and promoting new products and services with export potential can help the state reduce its dependence on a limited number of items and enhance its resilience to global market fluctuations.

Implications and the Way Forward

The 24th position in the EPI 2024 underscores the need for concerted efforts to enhance Assam's export competitiveness. The state government, industry stakeholders, and other relevant agencies must work together to address the challenges and leverage the opportunities available.

Moving forward, Assam needs to focus on:

Investing in infrastructure development, particularly transportation and logistics.
Streamlining policies and regulations to create a more business-friendly environment.
Providing access to finance and credit for exporters, especially SMEs.
Promoting skill development and training in export-related activities.
Diversifying the export basket by identifying and promoting new products and services.
* Actively engaging in export promotion activities, such as trade fairs and exhibitions.

By taking these steps, Assam can improve its export preparedness and unlock its full potential as a key player in the global trade arena. Ultimately, improved export performance translates into economic growth, job creation, and improved livelihoods for the people of Assam.