+
Govt plans Rs 10k cr scheme to develop 700 districts as export hubs
WAREHOUSING & LOGISTICS

Govt plans Rs 10k cr scheme to develop 700 districts as export hubs

The Ministry of Commerce and Industry proposed a scheme of Rs 10,000 crore for developing 700 odd districts as export hubs in the country, which will later be part of the next foreign trade policy.

According to officials, the centre’s contribution will be approximately of Rs 10,000 crore and the remaining will be done by the respective states.Therefore, the scheme will have a larger outlay.

The contribution of the state can be between Rs 5,000 to Rs 6,000 crore.

The products and services having potential are identified in several districts of the country, under the 'Districts as Exports Hub' initiative.These include agricultural and toy clusters and products having geographical indications.

In the upcoming three to five years, the government aims at achieving a double-digit export growth with the help of 500 districts in India.

The merchandise exports of India increased to a record 38.91% on a yearly basis to $37.81 billion in December 2021. It has amounted to $301.38 billion in the period of April-December.

The District as Exports Hub does not have budgetary support and is still an initiative. A proposal has been sent to the Ministry of Finance for the launch of a new scheme.

An institutional mechanism is set for every district as a District Export Promotion Committee under the initiative.The main function of these committees will be preparing and executing district specific export action plans.The plans would be in collaboration with Centre’s and State’s relevant stakeholders.

Image Source

Also read: No PSIC needed for metallic scrap import from 6 safe nations : DGFT

The Ministry of Commerce and Industry proposed a scheme of Rs 10,000 crore for developing 700 odd districts as export hubs in the country, which will later be part of the next foreign trade policy. According to officials, the centre’s contribution will be approximately of Rs 10,000 crore and the remaining will be done by the respective states.Therefore, the scheme will have a larger outlay. The contribution of the state can be between Rs 5,000 to Rs 6,000 crore. The products and services having potential are identified in several districts of the country, under the 'Districts as Exports Hub' initiative.These include agricultural and toy clusters and products having geographical indications. In the upcoming three to five years, the government aims at achieving a double-digit export growth with the help of 500 districts in India. The merchandise exports of India increased to a record 38.91% on a yearly basis to $37.81 billion in December 2021. It has amounted to $301.38 billion in the period of April-December. The District as Exports Hub does not have budgetary support and is still an initiative. A proposal has been sent to the Ministry of Finance for the launch of a new scheme. An institutional mechanism is set for every district as a District Export Promotion Committee under the initiative.The main function of these committees will be preparing and executing district specific export action plans.The plans would be in collaboration with Centre’s and State’s relevant stakeholders. Image Source Also read: No PSIC needed for metallic scrap import from 6 safe nations : DGFT

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?