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Indian exports: Sharp growth in exports reflects pick-up in demand in western markets: TPCI

Synopsis
India s exports in April jumped nearly three-folds to USD 30.21 billion on account of healthy growth in key sectors including engineering, gems and jewellery and petroleum products.
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TPCI Founder Chairman Mohit Singla said that April exports growth is one of its kind optimistic and is a healthy sign, reflecting a balanced overall growth across sectors.
The Trade Promotion Council of India (TPCI) on Monday said that healthy exports growth in labour-intensive sectors such as jute, carpet, handicrafts and leather indicates that demand is picking up in the western markets. India s exports in April jumped nearly three-folds to USD 30.21 billion on account of healthy growth in key sectors including engineering, gems and jewellery and petroleum products. ....

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exports: PLI for food processing sector to boost domestic manufacturing, exports: TPCI

Synopsis
Trade Promotion Council of India founder Chairman Mohit Singla said that the scheme will go a long way and prove to be a milestone in Indian brands reaching global shelves quickly.
AFP
The production linked incentive scheme for the food processing sector will boost domestic manufacturing and exports in the sector and lead the country to be a credible player in the global value chain soon, trade body TPCI said on Thursday.
Trade Promotion Council of India (TPCI) founder Chairman Mohit Singla said that the scheme will go a long way and prove to be a milestone in Indian brands reaching global shelves quickly. ....

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PLI for food processing to boost domestic manufacturing, exports: Trade body

PLI for food processing to boost domestic manufacturing, exports: Trade body
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PLI for food processing to boost domestic manufacturing, exports: Trade body

PLI for food processing to boost domestic manufacturing, exports: Trade body
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TPCI urges govt for flat 5% GST on all processed food items to spur growth

The Trade Promotion Council of India (TPCI) on Friday urged the government for a flat 5 per cent Goods and Services Tax (GST) on all food processed items to spur the growth of the sector.
The council also pushed for input tax credit on food sales; tax holiday for five years for companies investing in infrastructure, including digital infrastructure; special incentives to food processing through interest subvention, and lower taxes; and competitive import tariffs over five years, with lowest or nil slab on inputs or raw materials.
TPCI Founder Chairman Mohit Singla said non-tariff barriers in the food sector are impacting the industry and trade. ....

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