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FIEO elects Sharad Kumar Saraf as its New President

Published on June 29, 2019
Exporters body- Federation of Indian Export Organisations (FIEO) has elected Sharad Kumar Saraf as its new president.

FIEO elects Sharad Kumar Saraf as its New President
  • Saraf will succeed renowned exporter Ganesh Kumar Gupta.

About Sharad Kumar Saraf:

  • Saraf in his earlier stints at the FIEO has served twice as vice-president and four times as regional chairman (west region).
  • He is also the chairman and founder of Technocraft Industries (India).
  • Saraf during his earlier period as vice-president and regional chairman (west region) established Indian Exporters Grievance Forum that works towards addressing exporters' grievances through the legal channel.
  • With his new appointment as FIEO's President, he will work towards further pushing issues of exporters at different forums and boost the country's exports.

About FIEO:

  • It was established in 1965 with headquarters in New Delhi.
  • It was formed by Union Ministry of Commerce and private trade and industry.
  • It is an apex body of exports promotion council, commodity boards and export development authorities in India.
  • Its direct members contribute more than 70% of India's exports.
  • Its functions are providing a crucial interface between the international trading community of India and Centre & State Governments, railways, ports, surface transport, financial institutions and all other engaged in trade facilitation.

Question:

Q. Who has the Federation of Indian Export Organisations (FIEO) elected as its new president?
a. Suresh Kumar Saraf
b. Ramesh Kumar Saraf
c. Vinod Kumar Saraf
d. Sharad Kumar Saraf
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