exports

‘Redevelopment will boost exports from MEPZ to Rs 30,000 crore’ | Chennai News

‘Redevelopment will boost exports from MEPZ to Rs 30,000 crore’ | Chennai News

The Madras Export Processing Zone (MEPZ) at Tambaram was the third SEZ to be established in India, in 1984. Now, the facility spread over 262 acres is set for vertical redevelopment of 10 lakh sq m (more than 1 crore sq ft) that will bring in more companies and boost value of its exports to ₹30,000 crore and create another 1 lakh jobs, Alex Paul Menon, development commissioner, MEPZ SEZ, tells TOI in...

‘Green Gold’: Why NITI Aayog is betting on stepping up bamboo cultivation & exports

‘Green Gold’: Why NITI Aayog is betting on stepping up bamboo cultivation & exports

NITI Aayog is working on a comprehensive policy to maximize the benefits of bamboo, often referred to as 'green gold', due to its potential in sectors such as biofuel. The aim is to encourage and support the entire bamboo value chain, from cultivation to production and development, as this tree-like grass gains popularity in infrastructure and biofuel industries. According to a senior government...

New foreign trade policy seeks push to e-comm, eyes tn exports by 2030

New foreign trade policy seeks push to e-comm, eyes $2tn exports by 2030

NEW DELHI: The government on Friday unveiled a new Foreign Trade Policy (FTP) seeking to push e-commerce, internationalise the rupee and offer amnesty to those who have been unable to meet the export obligation targets under the Export Promotion Capital Goods (EPCG) and advance licensing schemes. Announcing the new policy, commerce and industry ministry Piyush Goyal said he was hopeful that export of...

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