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Exporting units of SEZs should be incentivised on degree of value addition: TPCI

Exporting units of SEZs should be incentivised on degree of value addition: TPCI
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Last Updated: Jul 03, 2021, 01:09 PM IST
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An exporter within the SEZ should be incentivised on the degree of value addition he brings to a product. He should be allowed to import raw material at zero duty and avail duty rebate proportionate to value addition. This will keep him at an advantageous position as opposed to importing finished products from another country, TPCI Founder Mohit Singla said.
Agencies
Exports from SEZs and export oriented units (EOUs) contributed about 30 per cent to the country s total shipments.
Exporting units in the special economic zones (SEZs) should be incentivised on the degree of value addition it brings to a product in order to boost outbound shipments and attract investments in these zones, TPCI said on Saturday. Trade Promotion Council of India (TPCI) Founder Chairman Mohit Singla said that at present, an ex ....

Andhra Pradesh , Zonal Development , Promotion Council Of India , Trade Promotion Council , Founder Chairman Mohit Singla , Zonal Development Commissioner , ஆந்திரா பிரதேஷ் , ஸொநல் வளர்ச்சி , ப்ரமோஶந் சபை ஆஃப் இந்தியா , வர்த்தகம் ப்ரமோஶந் சபை , நிறுவனர் தலைவர் மோஹித் சிங்லா , ஸொநல் வளர்ச்சி ஆணையர் ,

SEZ's exporting units should be incentivised on degree of value addition: TPCI

SEZ's exporting units should be incentivised on degree of value addition: TPCI
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India's exports are on path of quicker recovery: Trade council

The country s exports, which have recorded a growth of 5.4 per cent in January, reflects the trade has been on the path of quick recovery, TPCI said on Tuesday.
Trade Promotion Council of India (TPCI) Founder Chairman Mohit Singla said that the exports have also recorded positive growth in December 2020 and it is a reflection that Indian products have been sustaining its global demand despite challenges.
The figures clearly show that the global trade flow has been streamlining fast, and bottlenecks owing to the pandemic are easing out gradually, he said in a statement.
He also said that imports have also started picking up, reflecting a revival in the domestic market demand. ....

Sharad Kumar Saraf , Promotion Council Of India , Federation Of Indian Exports Organisation , Promotion Council , Founder Chairman Mohit Singla , Indian Exports Organisation , President Sharad Kumar Saraf , ஷரத் குமார் சராஃப் , ப்ரமோஶந் சபை ஆஃப் இந்தியா , கூட்டமைப்பு ஆஃப் இந்தியன் ஏற்றுமதிகள் ஆர்கநைஸேஶந் , ப்ரமோஶந் சபை , நிறுவனர் தலைவர் மோஹித் சிங்லா , இந்தியன் ஏற்றுமதிகள் ஆர்கநைஸேஶந் , ப்ரெஸிடெஂட் ஷரத் குமார் சராஃப் ,

Steps on infra, customs duty in Budget to promote mnfg, exports: Exporters

Steps announced to develop modern infrastructure and rationalisation of customs duties on different products would help in promoting domestic manufacturing and boosting exports, according to exporters.
Federation of Indian Export Organisations (FIEO) President S K Saraf said that modern infrastructure makes exports competitive as it helps in reducing the logistics cost.
The various facilities for fisheries will push marine exports of the country which has yet not reach anywhere near its potential, Saraf said.
He also said the government should allocate the requisite funds for RoDTEP (Remission of Duties and Taxes on Export Products), MEIS (Merchandise Export Incentive Scheme) and SEIS (Services Export Incentive Scheme) so that the uncertainty is removed and exporters past claims may be released quickly as the same has severely eroded their liquidity. ....

Pradeeps Mehta , Pankaj Sharma , Promotion Council Of India , Services Export Incentive Scheme , Medium Enterprises , Religare Finvest Ltd , Federation Of Indian Export Organisations , Apparel Export Promotion Council , Indian Export Organisations , President Sk Saraf , Export Products , Merchandise Export Incentive Scheme , Export Promotion Council , Promotion Council , Founder Chairman Mohit Singla , Secretary General Pradeeps Mehta , ப்ரதீப்ச் மேத்தா , பங்கஜ் ஷர்மா , ப்ரமோஶந் சபை ஆஃப் இந்தியா , சேவைகள் ஏற்றுமதி ஊக்கத்தொகை திட்டம் , நடுத்தர நிறுவனங்கள் , மத பின்வேஸ்த் லிமிடெட் , கூட்டமைப்பு ஆஃப் இந்தியன் ஏற்றுமதி ஆர்கநைஸேஶந்ஸ் , ஆடை ஏற்றுமதி ப்ரமோஶந் சபை , இந்தியன் ஏற்றுமதி ஆர்கநைஸேஶந்ஸ் , ப்ரெஸிடெஂட் ஸ்க் சராஃப் ,