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    <title>Tooling Up for the Future: India’s Path to $25 Billion in Exports(Source: https://pib.gov.in/PressReleasePage.aspx?PRID=2123437)</title>
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    <description>The strategy to scale India&#039;s hand and power tools exports to over twenty-five billion dollars by 2035 relies on establishing 3-4 mega clusters with plug and play infrastructure and SPV governance in PPP mode, coupled with regulatory reforms-rationalising Quality Control Orders, modernising the EPCG scheme, aligning labour norms, improving logistics and FAR rules, and incentivising domestic R&amp;D and technology transfer. Operational support will leverage existing RoDTEP, duty drawback and DFIA mechanisms and permit contingency bridge financing described as strategic investment rather than subsidy if reforms are delayed.</description>
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    <pubDate>Tue, 06 May 2025 09:59:36 +0530</pubDate>
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      <description>The strategy to scale India&#039;s hand and power tools exports to over twenty-five billion dollars by 2035 relies on establishing 3-4 mega clusters with plug and play infrastructure and SPV governance in PPP mode, coupled with regulatory reforms-rationalising Quality Control Orders, modernising the EPCG scheme, aligning labour norms, improving logistics and FAR rules, and incentivising domestic R&amp;D and technology transfer. Operational support will leverage existing RoDTEP, duty drawback and DFIA mechanisms and permit contingency bridge financing described as strategic investment rather than subsidy if reforms are delayed.</description>
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