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LATEST UPDATES:

March 24 , 2023 Vijayan Unni celebrated 50th Year of Service to the Maritime Trade            March 24 , 2023 DP World establishes it’s first “Rail Linked Container Freight Station” at Hazira, Gujarat            March 24 , 2023 ‘FFFAI YLP 2023’ awarded to Nitesh Kumar of Balmer Lawrie, nominated for ‘FIATA YLP-YIFFA Award-2023’ from India            March 23 , 2023 JNCH opens CEAC- Centralised Export Assessment Cell            March 23 , 2023 MoPSW looking VGF Scheme change to boost Coastal Shipping             March 23 , 2023 Efficient logistics ecosystem will drive us to become Atmanirbhar Bharat : Piyush Goyal            March 21 , 2023 Haropa Port on tour in India to present its Green Corridor and its opportunities for Real Estate            March 20 , 2023 JNPA welcomes Former PM of France & Mayor of Le Havre            March 20 , 2023 PSA reports Resilient Growth in 2022            March 20 , 2023 J M Baxi Ports & Logistics Ltd and Indian Potash Ltd signs JV concession agreement with Visakhapatnam Port Authority            
Latest News

Vijayan Unni celebrated 50th Year of Service to the Maritime Trade

March 24 , 2023

DP World establishes it’s first “Rail Linked Container Freight Station” at Hazira, Gujarat

March 24 , 2023

‘FFFAI YLP 2023’ awarded to Nitesh Kumar of Balmer Lawrie, nominated for ‘FIATA YLP-YIFFA Award-2023’ from India

March 24 , 2023

JNCH opens CEAC- Centralised Export Assessment Cell

March 23 , 2023

View All Posts

DST News

Impressive beginning in exports to further add enthusiasm, aiming for much higher growth trajectory during the fiscal : FIEO President

May 05 , 2022

NEW DELHI: Reacting to the April 2022 Trade Data, FIEO President, Dr A Sakthivel said that the highest-ever exports of over USD 38 billion, during the first month of the fiscal, shows the continuous impressive performance of the exports sector. The outstanding accomplishments of the exporters have consistently not only helped the economy to reap rich dividends but will also support our endeavour to become a USD 5 trillion economy by 2025. Starting the fiscal with such an impressive beginning will further add to the motivation of the exporting community for much higher growth during the financial year, said Dr A Sakthivel.
Praising the effort and hard work of the exporters, Dr Sakthivel thanked the government under the able and dynamic leadership of the Hon’ble Prime Minister, whose support and vision coupled with confidence and trust shown on the exporting community has re-invigorated all stakeholders. Dr Sakthivel also welcomed the Union Finance Minister and the Union Commerce & Industry and Textiles Minister for continuously interacting and guiding the exporters to continue on their wonderful export growth trajectory. 
FIEO President said that the top sectors, which have performed impressively during the month were Engineering Goods, Petroleum Products, Organic & Inorganic Chemicals, Drugs & Pharmaceuticals, Electronic Goods, RMG of all Textiles, Cotton Yarn/Fabrics/Made-ups, Handloom Products etc. and Plastic & Linoleum. Labour-intensive sectors also contributed to the exports basket, which itself is a good sign, further helping job creation in the Country.
FIEO Chief also reiterated that the benefits of the newly signed FTAs and the PLI Scheme will further help us in building on the milestones achieved during the previous fiscal.
FIEO President is also of the view that though the government has announced a slew of measures to support exports including the recent announcement of the extension of the interest equalisation scheme, extension of the FTP 2015-20 by another 6 months and extension of time for filing of MEIS/RoSCTL/ROSL scrip, however, there is a need to increase the validity of  RoSCTL and RoDTEP scrips to 24 months and link transferability with realisation, extend RoDTEP to EOUs, SEZ and Advance Authorisation, expand usages of RoDTEP and RoSCTL scrips and logistics support for the sector looking at the freight cost.

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