Exporters’ Perception towards Export Policies, Incentives, and Market Conditions Related to Engineering Goods

Abstract

This paper addresses the attitude of exporters to the export policy, incentive and the environment in the foreign market and in this case engineering goods exports in India. The instrument of collecting the primary data based on the size and intensity of the exports used was the structured questionnaire to be applied to the exporters. The statistical procedures, the tests mean and ANOVA among the changes in the perception regard, were used as the tests in testing. The result is that the exporters are expected to feel that export incentives and policy frames are favourable, but still there are serious issues concerning the time lag on implementation, the complexity of the process, international competition and also transportation costs. The difference in perception is also observed in the size and intensity of export of the firms, through which small and medium firms find it harder to enjoy the benefits of the policy. The study also states there is a need to enhance the execution of the policies and develop specific support that would contribute to strengthening the belief of the exporters and competitiveness.