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New Delhi, March 31: Foreign Trade policy (FTP) 2023 is focussed more on export growth, and the country will achieve USD 900 billion in exports in the next financial year, Dr A Sakthivel, the President of Federation of India Export Organisation (FIEO) said.
India is likely to cross USD 765 billion merchandise and services exports in financial year 2022-23 which ends on Friday. The total exports were USD 676 billion in previous fiscal year
Foreign Trade policy (FTP) 2023 is focussed more on export growth, and the country will achieve USD 900 billion in exports in the next financial year, Dr A Sakthivel, the President of Federation of India Export Organisation (FIEO) said.
Centre on Wednesday announced that it has made amendments in the Foreign Trade Policy and Handbook of Procedures to allow for International Trade Settlement in Indian Rupees (INR) and settlement of exports/imports in Indian Rupees.
The amendments will allow International Trade Settlements in Indian Rupees for Export Promotion Schemes under the Foreign Trade Policy, , foreign trade policy, International Trade Settlement