Foreign Trade Policy envisages, "Export should not merely be a function of marketable surplus but should also reflect an enhancement of economic capacity and development". Explain the statement.

Export should not merely be a function of marketable surplus but should also reflect an enhancement of economic capacity and development. It envisages: Employment creation in both manufacturing and services sectors through the generation of foreign trade opportunities Zero defect products with a focus on quality and standards A stable agricultural trade policy encouraging the import of raw material where required and export of processed products A focus on higher value addition and technology infusion Investment in agriculture overseas to produce raw material for the Indian industry Lower tariffs on Inputs and raw materials Development of trade infrastructure and provision of production and export incentives.