Export incentives driving market diversification and technological upgradation to increase exports and sectoral competitiveness. Chapter 1B designates special focus initiatives to boost exports through Market Diversification, Technological Upgradation and targeted sectoral support. ... Summary
Export incentives driving market diversification and technological upgradation to increase exports and sectoral competitiveness.
Chapter 1B designates special focus initiatives to boost exports through Market Diversification, Technological Upgradation and targeted sectoral support. It expands and raises incentives under the Focus Market and Market Linked Focus Product Schemes, introduces/extends zero duty and simplified EPCG provisions with an annual requirement facility, mandates 15% minimum value addition under Advance Authorisation for value added manufacture, and grants a 1% duty credit scrip to Status Holders for capital goods. Sectoral measures provide duty free import entitlements, exemptions, bonuses, procedural facilitation and dedicated MAI/MDA funding for specified sectors, with green products and North Eastern exports covered under Chapter 3 Reward Schemes.
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