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Interest subsidy scheme for exporters extended 2 months for MSME sector

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

DGFT asks export bodies for inputs on efficacy of interest equalisation scheme

The study is to help the department assess the key gaps and make necessary recommendations to ensure seamless facilitation of trade finance in India.Read more

DGFT: Exporters must adhere to new UK regulations for duty benefits

The US, European Union (EU), Australia, Japan and many other developed countries grant unilateral import duty concessions to developing countries under their GSP schemesRead more

DGFT partners with DHL to prepare MSMEs for export in 76 districts

DGFT has been collaborating with various e-commerce platforms and other service providers to handhold and hold capacity building and training sessions in the identified districtsRead more

Exporter Status certificates to be issued automatically on available data

Under the new system, introduced during a meeting with Commerce and Industry Minister Piyush Goyal and Export Promotion Councils, exporters no longer need to apply to the Directorate General of Foreign Trade (DGFT) for a Status Certificate.Read more

Sumika joins Hexagon to enable 60% plastic carbon reduction in vehicles

Sumika Polymer Compounds Europe collaborates with manufacturing intelligence division of Hexagon to digitize the performance of sustainable and recyclable automotive-grade polypropylene (PP) compounds.Read more

Ministry of Commerce & Industry unveils Trade Facilitation Mobile App

The app is first-of-its-kind initiative to boost small exporters to obtain faster clearances, certifications and approvals.Read more

Atal Innovation Mission launches AIM-PRIME, in partnership with BMGF & Venture Center

In this regard, AIM has joined hands with Bill & Melinda Gates Foundation (BMGF) to launch this nationwide program which will be implemented by Venture Center - a non-profit technology business incubator.Read more

Loophole closed: DGFT disallows tyre imports via DFIA route

The DFIA was the only remaining loophole which allowed the import of tyres, rest were curbed in June by DGFT.Read more

Government caps MEIS benefits to Rs 2 crores

The government has announced discontinuation of MEIS as a new WTO-compliant scheme, the Remission of Duties or Taxes On Export Product (RoDTEP) which will replace starting 1 January, 2021. Read more

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