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The two-month continuation of the scheme for the MSME sector comes with an outlay cap of Rs 7.5 billion, while all other terms and conditions remain the same.Read more
The FIEO proposed that the government should establish a scheme to aid the participation of domestic industries in exhibitions, buyers-sellers meetings, and roadshows in key cities of these ten countries.Read more
Exporters have appealed to the central government for support in ensuring affordable and readily available credit for Micro, Small, and Medium Enterprises (MSMEs) amid global challenges caused by a lack of liquidity.Read more
The Federation of Indian Export Organisations (FIEO), representing exporters, highlights disparities in refund rates. For instance, while aluminum bars and rods receive a RoDTEP refund rate of 2.2%, their value-added counterparts only get 1.2%.Read more
FIEO also held that the need of the hour is to soon notify the Remission of Duties and Taxes on Export Products (RoDTEP) rates to remove uncertainty.Read more
The need of the hour is to soon notify the RoDTEP rates to remove uncertainty from the minds of the trade and industry thereby helping in further forging new contracts with the foreigner buyers.Read more
Sharad Kumar Saraf, President of FIEO reiterated that the government must look into the key issues such as announcing new FTP after September 2021, release of the necessary funds for RoDTEP & MEIS and clarity on SEIS benefits, softening of freight charges, resolving risky exporters' issues and continuance of seamless refund of IGST.Read more
Apart from boosting MSME sector, the Scheme will further help in enhancing the skill sets generating employment opportunities across the country during such challenging and tiring times.Read more
FIEO also observed that the current industry is also showing signs of revival as both order booking position and Manufacturing PMI have risen.Read more
14 out of the 30 major product groups were in positive territory during August 2020. Saraf added that the exports during the month for emergency and essential items apart from some labour-intensive sectors.Read more
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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