The Federation of Indian Export Organisations (FIEO) elected Mr Sharad Kumar Saraf as its new President, an official statement said here on Thursday.
Chairman and Founder of Technocraft Industries (India) Ltd., Mr Saraf in his earlier stints in FIEO has served twice as Vice-President and four times as Regional Chairman (WR).
Both Alumni and Member of Governing Board of IIT Bombay, Mr Saraf is a member of five different Export Promotion Councils, having experience of multiple business segments.
With an expertise and experience of well over four decades in foreign trade, Mr Saraf is also member of Managing Committee of Texprocil, Cotton Associations of India and Confederation of Indian Textile Industry.
He also played a pivotal role in obtaining path-breaking judgements in cases of 80 HHC, Service Tax, Target Plus Scheme, Incremental Export Incentivization Scheme (IEIS).
Also a Founder of Export Promotion Council for EOU and SEZ, Saraf during his earlier tenure in FIEO started Innovative Marketing initiatives by establishing distribution centers in several countries, helped in formulation of various export promotion policies on EOU, SEZ, Advance Licences and other schemes, the statement added.