FIEO Immediate Past President Ganesh Kumar Gupta (1952-2019) is no more

[FIEO/PUB/PR/38/19 dated 30^th August 2019]

Immediate Past President of FIEO Ganesh Kumar Gupta, who was died yesterday (August 30, 2019).

Born on December 9, 1952 in the holy city of Kashi (Varanasi), Ganesh Kumar Gupta, besides being Regional Chairman (WR) and Vice-President FIEO was the President of the Federation for six years in two terms between 2007-2009 and 2016-2018. Gupta ji was associated with the textile industry for about 4 decades and played a pivotal role in the overall growth and development of the industry. He was associated with the textile industry Chairman of Akash Textiles Exports Pvt. Ltd. and Vijay Silk House Group having its centers at Mumbai, Surat, Bengaluru, Delhi and Varanasi.

Gupta ji gave almost 20 years of his precious life to FIEO serving the Federation at different top positions in the organisation with which he brought FIEO to such a high platform both on international as well as domestic front.

He not only led FIEO but also led several other key trade and industry organisations including SRTEPC which conferred on him the SRTEPC Lifetime Achievement Award. His charismatic leadership qualities has further helped in bringing FIEO to such a stage where it is recognised as the most important voice of Indias exports sector. Ganesh Kumar Gupta always appreciated the good work of both the central and the state governments and constantly and regularly used to deliberate with them and other key stakeholders in trade and industry so as to further give boost to Indias commerce and trade especially exports.

Some of his major key achievements as President FIEO includes 2 percent increase in MEIS rates for labour-intensive sectors of exports, online submission of LUT at the GST portal, FIEO & Paypal MoU to empower small & medium businesses to sell across the globe, launch of fieo.globallinker.com for MSMEs to facilitate and promote their businesses, 3 Special refund fortnight clearance drive including setting of Help desks at FIEO offices for expeditious IGST refunds, launch of Niryat Mitra - Mobile App promoting Indias international trade and MoUs with both BSE and NSE for hedging currency risks, raise equity capital services etc to FIEO members.

Besides his other important initiatives also led to the increase in interest equalisation for MSME manufacturers from 3% to 5%, grant of lead agency status to FIEO for India Pavilion during 1st China International Import Expo (CIIE) in Shanghai, organising of 1st Edition of Logix India 2019, JV with eBay for promoting retail exports and launch of Women Exporter e-Group on FIEOGlobalLinker to celebrate achievements of women entreprenuers. Over 300 GST related seminar/open houses/interactive session were held to help the exporting community, relaxation in caution listing of exporters, Apex courts decision on Target Plus Scheme and extension of Duty Drawback were brought to its final conclusion.