With Kabul falling into the hands of the Taliban, bilateral trade between Afghanistan and India will get impacted significantly in these uncertain times, according to exporters. Federation of Indian Export Organisations (FIEO) Director General Ajay Sahai said domestic exporters should follow caution looking into the political development in Afghanistan, particularly with
Federation of Indian Export Organisations (FIEO) Director General Ajay Sahai said domestic exporters should follow caution looking into the political development in Afghanistan, particularly with regard to payments, for which adequate credit insurance may be availed by them.
Suspension of benefits under incentive schemes to affect exporting community s confidence: PHDCCI indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Plastic exports may jump 20-25% in FY22; Centre s support needed, says PLEXCONCIL Chairman
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Last Updated: Jul 04, 2021, 01:06 PM IST
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The sector is facing tough competition from China, and support from the government on these issues would help us in enhancing competitiveness of domestic goods in international markets, PLEXCONCIL Chairman Arvind Goenka said.
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The country s plastic exports are expected to grow 20-25 per cent to USD 12 billion in the current fiscal year on account of favourable market conditions and increasing demand for domestic goods in key destinations such as the US and Europe, PLEXCONCIL Chairman Arvind
Goenka said. The chairman of Plastics Export Promotion Council of India (PLEXCONCIL) also said though the order books of exporters are healthy, government support is needed in certain areas to further push exports as the sector holds huge potential to create jobs.
Inverted duty structure refers to taxation of inputs at higher rates than finished products. The country s plastic exports are expected to grow 20-25 % to $ 12 billion in the current fiscal year on account of favourable market conditions and increasing demand for domestic goods in key destinations such as the US and Europe, PLEXCONCIL Chairman Arvind Goenka said. The chairman of Plastics Export Promotion Council of India (PLEXCONCIL) also said though the order books of exporters are healthy, government support is needed in certain areas to further push exports as the sector holds huge potential to create jobs. In 2021-22, we are expecting a growth of 20-25 % in exports. It should touch $ 12 billion from $ 9.5 billion in 2020-21. During April-May this fiscal year, we exported goods worth about $ 1 billion. Government support will help us in boosting the exports significantly, he told PTI.