SME Times is powered by   
Search News
Just in:   • Panasonic launches 2-in-1 detachable toughbook  • Duty drawback to factor other taxes: FIEO  • China to restrict oil exports to N.Korea  • Yamaha to invest over Rs 200 crore in Chennai plant  • Govt realises it needs Viagra boost to revive economy: Congress 
Last updated: 17 Mar, 2017  

FIEO-logoTHMB TIES will help reduce exporters transaction cost: FIEO

Export.9.jpg
   Top Stories
» Relief for exporters: Govt considering ways to speed up refunds
» New drawback rate disappoints garment exporters
» PM dedicates trade facilitation centre for handicrafts to nation
» Govt working towards getting back earlier growth rate: FM
» Private investment and banks' growth two major challenges: FM
SME Times News Bureau | 17 Mar, 2017
Apex exporters body, Federation of Indian Export Organizations (FIEO) has welcomed launch of Trade Infrastructure for Export Scheme (TIES) by Honble Commerce and Industry Minister Nirmala Sitharaman.

Welcoming the initiative as also announced in the Budget, S C Ralhan, President - FIEO, said that the Indian exporters face huge challenges in terms of infrastructure, particularly in states. Trade infrastructure is one of the critical elements in export trade to enhance efficiency and competitiveness in global market.

Ralhan mentioned that inadequate infrastructure pushes exporters transaction cost, impacting competitiveness of Indian goods in the global market.

The logistics cost in India is one of the highest in the world, he added.

FIEO Chief stated that the new scheme 'TIES', will help create modern infrastructure like last mile connectivity to ports, besides testing labs and certification centers.

The Scheme will help in moderninising infrastructure in states for exporters besides addressing various other challenges and export bottlenecks, he added.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
65.40
63.70
UK Pound
88.60
85.70
Euro
77.95
75.35
Japanese Yen 58.40 56.40
As on 25 Sep, 2017
  Daily Poll
Small traders even below the threshold limit too should register under GST system?
 Yes
 No
 Can't Say
  Commented Stories
» Starting an import export business: Basic guide for beginners(11)
» Export sops: WTO compliance(5)
» GST Council reduces GST rates on 18 handicrafts items(3)
» Committee on Exports formed to monitor issues post GST(2)
» Note ban, GST to affect informal, SME sector: Manmohan Singh(2)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter