Export growth key to strengthening rupee against dollar: Mysuru Industries Association general secretary

Published 13 July 2026 · finance

Increasing exports while reducing imports is essential to strengthen the Indian rupee against the U.S. dollar, Mysuru Industries Association general secretary Suresh Kumar Jain said

Increasing exports while reducing imports is essential to strengthen the Indian rupee against the U.S. dollar, Mysuru Industries Association general secretary Suresh Kumar Jain said in Mysuru on Monday (July 13). He was inaugurating a si day Export Management Training Programme aimed at expanding Karnataka’s export sector and enhancing export volumes. Jain said excessive imports weaken the rupee’s value, while a higher export volume would help improve its strength. He urged industries and consumers to prioritise quality products manufactured locally instead of relying on imported goods. Referring to imports from China, he said the government does not provide subsidies for imported products such as solar panels, and stressed the need to promote indigenous manufacturing and exports.

He also called for greater awareness about concerns over the quality and reliability of certain imported products. The si day training programme will equip entrepreneurs with knowledge on exporting quality products at competitive prices in the global market. Officials will provide guidance on export procedures and international trade practices. Jain said the Centre has sanctioned ₹3 crore and the State government ₹1 crore to promote the export sector. An Export Facilitation Centre is coming up near the Seshadripuram Institution on Mysuru’s Ring Road. Although construction has been delayed due to increased prices of steel, tiles and other materials amid global conflicts, the facility is expected to become operational soon.

He said all departments related to exports would function under one roof at the centre, enabling entrepreneurs to showcase products, conduct business meetings and access government services without depending on private consultants or agents. Mysore Chamber of Commerce and Industry (MCCI) president K.B. Lingaraju said exports are not merely about sending goods overseas but about showcasing India’s quality and capabilities to the world. The training will cover production standards, logistics and timely delivery of products. He highlighted Mysuru’s export potential in sectors such as agriculture, food processing, information technology, textiles, incense sticks, sandalwood products, honey, coffee, spices, Ayurvedic products and engineering goods.

Lingaraju said thousands of micro, small and medium enterprises (MSMEs) in the district have the potential to access international markets but often lack information, training, documentation skills and market linkages. The programme aims to bridge these gaps. He also encouraged young entrepreneurs to leverage e-commerce platforms to market products globally under the brands ‘Made in Mysuru’ and ‘Made in Karnataka’. Meghala L., deputy director of the VTPC Export Facilitation Centre and export management trainees were present.