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SEEPZ has $30 billion export potential, needs complete makeover: Union Min Piyush Goyal
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India s Gem & Jewellery Exports Rise by 9% to Rs 46414 38 Cr in April-May 2021
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Gems, jewellery exports fall by 5% due to Covid disruptions: GJEPC
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News India’s G&J Exports From Apr ’20 to Jan ’21 Down 37% to $19.2 Billion India’s overall gross exports of gems and jewellery in January 2021 stood at $2669.92 million, showing a decline of 8% compared to January 2020 By: Diamond World News Service
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Source: GJEPC
Overall gross imports of gems and jewellery in the same month grew 14% year-on-year to $1822.89 million, reflecting the uptick in manufacturing activity and improving retail demand.
During the April 2020 to January 2021 period, India’s overall gross exports of gems and jewellery fell 37% to $19240.61 million compared to the same period in the previous year. Overall gross imports of gems and jewellery for the year-to-date period declined 41% to $11771.42 million on a year-on-year basis.
Trade Promotion Council of India seeks incentives for SEZs in next foreign trade policy
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Last Updated: Feb 12, 2021, 04:53 PM IST
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Synopsis
The Trade Promotion Council of India said there is a pressing need to allow certain tax incentives in line with the global practice to the exports to Domestic Tariff Area, in order to ensure SEZ survival and its contribution to the exports.
Reuters
NEW DELHI: The Trade Promotion Council of India (TPCI) on Friday suggested the commerce ministry to announce measures such as incentives for special economic zones (SEZs) in the next foreign trade policy (FTP) with a view to boost the country s exports. FTP (2020-25) is under formulation by the ministry.