The government has restored RoDTEP scheme benefits for Special Economic Zones (SEZs), Export Oriented Units (EOUs), and Advance Authorisation holders from June 1, 2025. The WTO-compliant scheme refunds embedded taxes not covered under other mechanisms and has disbursed over ₹57,976 crore so far. Image Source: Freepik In a move aimed...
India has a grand vision of achieving US$ 2 trillion in exports by 2030. Sudhakar Kasture Director of Helpline Impex Pvt. Ltd. and a Partner in Generation Next Business Consulting, feels that it is possible, provided we take a number of small, well focused steps. In this exclusive interaction with...
India needs to urgently revamp its SEZ policy, as the mandatory requirement on net foreign exchange earnings makes it a subsidy that’s non-compliant to the WTO. Dr Arpita Mukherjee, Professor at ICRIER and Sunil Rallan, CMD, J Matadee Free Trade Zone Pvt Ltd., discuss the possible policy approaches India can...
Dr Arpita Mukherjee, Professor at ICRIER, proposes a step-by-step framework for India’s Foreign Trade Policy, where India should look at success stories from other countries, make subsidies WTO-compliant, and focus on market development, competitiveness and efficiency, as opposed to incentives. IBT: What have you observed as the most transformational changes...
Exporters would benefit from early announcement of RoDTEP rates across sectors, as well as a seamless process for claiming benefits. While there is currently ambiguity on the exact outlay given budgetary constraints, the scheme needs to be viewed from the perspective of its potential to revive India’s exports and encourage...
India’s SEZ policy has led to significant success for its IT industry, but under the new Foreign Trade Policy, it needs to be reoriented to both comply with WTO norms and promote India’s manufacturing competitiveness in focus sectors. Exports of SEZs in India have grown from Rs 463.77 thousand crore...
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