India's Export Promotion Measures Amid Pandemic

10 Apr 2024 CW Team

One of the key measures introduced is the implementation of the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme. This scheme seeks to reimburse various taxes and duties incurred in the production and distribution of exported goods, thereby improving the competitiveness of Indian products in the global market.

Additionally, the Ministry has initiated efforts to address logistical challenges faced by exporters, including improving port infrastructure and streamlining customs procedures. These measures aim to reduce transaction costs and facilitate smoother trade operations, thereby enhancing India's export competitiveness.

Furthermore, the Ministry is actively engaging with industry stakeholders to identify and address sector-specific issues hampering export growth. This collaborative approach ensures that policy interventions are tailored to the needs and challenges faced by different sectors, thereby maximising their effectiveness in promoting exports.

The export promotion measures implemented by India underscore the government's commitment to supporting businesses and driving economic recovery in the aftermath of the pandemic. By incentivizing exports and addressing key bottlenecks in trade infrastructure and procedures, India aims to revive growth momentum in the export sector and position itself as a competitive player in the global marketplace.

Overall, these initiatives signal India's proactive stance in leveraging trade as a driver of economic growth and resilience in the face of unprecedented challenges posed by the COVID-19 pandemic.

India's Ministry of Commerce and Industry has rolled out several measures to promote exports amidst the ongoing challenges posed by the COVID-19 pandemic. These initiatives aim to support businesses, enhance competitiveness, and stimulate economic recovery in the export sector. One of the key measures introduced is the implementation of the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme. This scheme seeks to reimburse various taxes and duties incurred in the production and distribution of exported goods, thereby improving the competitiveness of Indian products in the global market. Additionally, the Ministry has initiated efforts to address logistical challenges faced by exporters, including improving port infrastructure and streamlining customs procedures. These measures aim to reduce transaction costs and facilitate smoother trade operations, thereby enhancing India's export competitiveness. Furthermore, the Ministry is actively engaging with industry stakeholders to identify and address sector-specific issues hampering export growth. This collaborative approach ensures that policy interventions are tailored to the needs and challenges faced by different sectors, thereby maximising their effectiveness in promoting exports. The export promotion measures implemented by India underscore the government's commitment to supporting businesses and driving economic recovery in the aftermath of the pandemic. By incentivizing exports and addressing key bottlenecks in trade infrastructure and procedures, India aims to revive growth momentum in the export sector and position itself as a competitive player in the global marketplace. Overall, these initiatives signal India's proactive stance in leveraging trade as a driver of economic growth and resilience in the face of unprecedented challenges posed by the COVID-19 pandemic.

Infrastructure Urban

07 Jul 2026

IHC and Adani to Invest US$11.5 bn in Odisha Aluminium Project

Abu Dhabi's International Holding Company (IHC) will invest US$11.5 bn in an integrated aluminium project in the eastern Indian state of Odisha in a joint venture with the Adani Group, a state official said. The official said the announcement represented the country's largest foreign investment in mining and metallurgy. Officials said the venture would span both mining and metallurgical activities across several facilities in the state. The project has been described as integrated, encompassing upstream bauxite extraction and downstream smelting and metallurgy, and is intended to develop a com..

Infrastructure Transport

07 Jul 2026

Air India and SIAEC to Explore MRO Joint Venture in India

Air India and SIA Engineering Company (SIAEC) have signed a memorandum of understanding (MoU) to explore the formation of a maintenance, repair and overhaul joint venture in India. The MoU, signed on Friday, will examine collaboration to develop India as a global aviation MRO hub and to serve growing needs across the Indian and regional markets. SIA Engineering Company, part of the Singapore Airlines Group which holds a 25.1 per cent stake in Air India, will bring technical expertise alongside Air India's established airline operations network. The partnership builds on existing cooperation be..

Infrastructure Transport

07 Jul 2026

Assam and Centre Review Aviation Projects Push Silchar Airport Approval

Assam and the Centre on Thursday, July two reviewed a series of aviation infrastructure projects aimed at strengthening air connectivity across the state, with the proposed greenfield airport at Silchar emerging as a key priority. The review formed part of broader efforts to position Assam as a major aviation and logistics hub for the north east. Officials outlined timelines and preparatory work that they said would guide the next stages of project approvals. The Chief Minister met the Union Civil Aviation Minister at Rajiv Gandhi Bhavan in New Delhi and described the meeting as very productiv..