Chemicals and Allied Products Export Promotion Council (CAPEXIL)

Introduction: Chemicals and Allied Products Export Promotion Council (CAPEXIL) #

The Chemicals and Allied Products Export Promotion Council (CAPEXIL) is an export promotion council under the Ministry of Commerce and Industry, Government of India. It was established in 1958 to promote and facilitate the export of chemicals and allied products from India. In this article, we will discuss the functions, objectives, and achievements of CAPEXIL.

Functions of CAPEXIL #

CAPEXIL performs various functions to promote and facilitate the export of chemicals and allied products from India. Some of the important functions of CAPEXIL are:

1. Promotion of Exports: CAPEXIL promotes the export of chemicals and allied products from India by organizing trade fairs, exhibitions, and buyer-seller meets in India and abroad. These events provide a platform for Indian exporters to showcase their products to potential buyers from other countries.
2. Export Market Research: CAPEXIL conducts export market research and studies to identify potential markets for Indian exporters. It also provides information on export policies, procedures, and regulations in different countries.
3. Quality Control: CAPEXIL provides quality control services to its members to ensure that their products meet international quality standards. It also facilitates the certification of products through recognized agencies.
4. Trade Delegations: CAPEXIL organizes and leads trade delegations to various countries to explore new markets and promote Indian exports.
5. Training and Capacity Building: CAPEXIL conducts training programs and workshops to help its members improve their export capabilities. It also provides assistance in capacity building to small and medium-sized enterprises.

Objectives of CAPEXIL #

The main objectives of CAPEXIL are:

1. To promote and develop the export of chemicals and allied products from India.
2. To provide assistance and guidance to Indian exporters in promoting their products in international markets.
3. To undertake and support research and development activities related to the export of chemicals and allied products.
4. To provide a platform for Indian exporters to interact with foreign buyers and explore new markets.
5. To provide quality control services to its members to ensure that their products meet international quality standards.

Achievements of CAPEXIL #

Over the years, CAPEXIL has achieved significant milestones in promoting and facilitating the export of chemicals and allied products from India. Some of its notable achievements are:

1. Increasing exports: CAPEXIL has played a key role in increasing the export of chemicals and allied products from India. In the last five years, the export of chemicals and allied products has grown at a rate of 7.4% per annum, from USD 10.8 billion in 2015-16 to USD 14.9 billion in 2019-20.
2. Identifying new markets: CAPEXIL has identified and explored new markets for Indian exporters. It has focused on promoting exports to Africa, Latin America, and the Middle East, which are emerging markets for Indian exporters.
3. Facilitating trade delegations: CAPEXIL has facilitated several trade delegations to various countries, including China, Japan, and the United States. These delegations have helped Indian exporters to interact with foreign buyers and explore new markets.
4. Providing quality control services: CAPEXIL has established testing laboratories for quality control of products exported by its members. It has also facilitated the certification of products through recognized agencies.
5. Organizing trade fairs and exhibitions: CAPEXIL has organized several trade fairs and exhibitions in India and abroad. These events have provided a platform for Indian exporters to showcase their products and interact with foreign buyers.

Conclusion #

CAPEXIL has played a significant role in promoting and facilitating the export of chemicals and allied products from India. It has identified new markets, organized trade delegations, and provided quality control services to its members to ensure that their products meet international quality standards. CAPEXIL has also organized various trade fairs and exhibitions to provide a platform for Indian exporters to showcase their products to potential buyers.

The council has been successful in achieving its objectives and has contributed significantly to the growth of the chemical and allied products sector in India. The export of chemicals and allied products has been growing steadily, and CAPEXIL has played a crucial role in this growth.

In conclusion, CAPEXIL has been a crucial player in promoting and facilitating the export of chemicals and allied products from India. Its functions include promotion of exports, export market research, quality control, trade delegations, and training and capacity building. Its main objectives are to promote and develop the export of chemicals and allied products from India, provide assistance and guidance to Indian exporters, undertake and support research and development activities related to the export of chemicals and allied products, provide a platform for Indian exporters to interact with foreign buyers, and provide quality control services to its members. With its achievements in increasing exports, identifying new markets, facilitating trade delegations, providing quality control services, and organizing trade fairs and exhibitions, CAPEXIL has been successful in achieving its objectives and contributing to the growth of the chemical and allied products sector in India.