New Delhi, March 7 (IANS) The government will restore full benefits under the export support scheme Remission of Duties and Taxes on Exported Products (RoDTEP) from April 1, according to exporters’ body Federation of Indian Export Organisations (FIEO) on Saturday.The move is expected to provide much-needed support to the exporting community, which has been dealing with multiple global challenges.“The assurance was given by the Directorate General of Foreign Trade during a meeting with the ex…
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New Delhi, Feb 7 (IANS) The US trade agreement framework represents a historic milestone for India’s textiles and apparel sector, industry leaders said on Saturday.On behalf of the entire textile and apparel industry, Dr A Sakthivel, Chairman of the AEPC (the official body of apparel exporters in India), welcomed the India-US joint statement on the trade deal. “The coming decade is poised to be India’s decade in textile trade, as the country emerges as one of the most preferred sourcing de…
New Delhi, Feb 3 (IANS) The Federation of Indian Export Organisations (FIEO) on Tuesday hailed finalisation of the India-US trade deal, under which the United States has agreed to reduce tariffs on all ‘made in india’ products to 18 per cent, saying it marks a significant milestone in further boosting and strengthening bilateral trade relations between the two countries.Sectors such as engineering goods, textiles and apparel, pharmaceuticals, chemicals, leather products, gems and jewellery, and …
New Delhi, Jan 27 (IANS) The India-EU free trade agreement (FTA), together with the government’s recent FTAs with the UK and the European Free Trade Association (EFTA), effectively opens the entire European market for Indian exporters — marking a strategic breakthrough in India’s trade diplomacy, the Federation of Indian Export Organisations (FIEO) said on Tuesday.The EU agreement comprehensively covers trade in goods and services, rules of origin, customs facilitation, trade remedies, and …
New Delhi, Jan 3 (IANS) The industry has hailed two key interventions under the ‘Niryat Protsahan’ sub-scheme to strengthen MSME exports by providing affordable and easier access to trade finance, saying this will lower the cost of exporting, expand access to finance, diversify export markets and strengthen India’s export brand.The Federation of Indian Export Organisations (FIEO) welcomed the launch of two critical interventions, aimed at strengthening MSME exports and significantly improving …