Karkala, Dec 2: A Karkala based company has bagged Niryat Shree' award for best export performance in Agriculture and Plantation Sector gold category. The award was instituted by the Federation of Indian Export Organisation.

Bola Surendra Kamath and Sons, a leading exporter, manufacturer and supplier of cashew kernels, coffee beans and flavoured cashew from Karkala, was among the 44 companies that received Niryat Shree awards from President Pranab Mukherjee for the year 2010-11 in various categories.
Bola Damodar Kamath, the managing partner of Bola Surendra Kamath and Sons, received the award at a colourful function on Monday at Vigyan Bhawan, New Delhi. On the occasion six were honoured with Niryat Bandhu for their outstanding performance in the field of exports.
Speaking on the occasion, President Mukherjee said exports play an important role in the country's economic growth, and exporters must ensure that their products are not only reasonably priced, but also score highly in terms of quality and durability.
The President further said that India has done reasonably well in all parameters of socio-economic activity and has today become the third largest economy in the world in terms of purchasing power.
Appreciating the contribution of the export sector to the nation's GDP, President Mukherjee said the average growth rate of exports during last decade has increased to 17.8 per cent, which was 9.4 percent during the period 1992 to 2002.
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