Budget 2024: R&D boost, Indian shipping line will give an impetus to exports, says industry

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Budget 2024: R&D boost, Indian shipping line will give an impetus to exports, says industry - Economic Times

Quick Summary:

With India’s target of achieving $1 trillion in exports by 2030, introducing policy provisions that give a push to the sector becomes crucial.

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For the footwear and leather industry, Dawar says all raw materials for value addition should be put under a zero-duty structure for five years.“Within these five years, such industries should be promoted in India.