Exporters ask for Rs 750 cr to target US market amid China's tariff woes

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The sector is developing major jewellery parks in Mumbai, Meerut, and Bengaluru.

The gems and jewellery sector also demanded support from the government amid declining exports.

Exporters also wanted more equity infusion to strengthen shipping lines at home and thereby cut $ 100 billion spent yearly on transport service charges.

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Category: BusinessFinance

Markets: IndiaChinaJapanSouth Korea

Topics: Interest Equalisation Scheme Higher tariffs on Chinese goods Donald Trump Indian exporters MSME exporters Chemicals exports Indian exporters opportunity Federation of Indian Export Organisations $25 billion export potential Export potential in US Electronics exports Textiles exports Ashwani Kumar Rs 750 crore IES extension 2024 Repo rate impact on exports Advertising campaign for exports FIEO December 31 Auto components exports Toys exports

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 17:54:23 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 427 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 24672530

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