Exporters Seek ₹750 Crore to Target US to Tap $25 Bn Potential Amid Tariff Threats on China
The Free Press Journal|December 27, 2024
Exporters on Thursday sought a fund of Rs 750 crore for three years to tap USD 25 billion export potential in the US, aiming to seize potential opportunities that may arise as the US President-elect, Donald Trump, has threatened to impose high tariffs on Chinese goods.
Exporters Seek ₹750 Crore to Target US to Tap $25 Bn Potential Amid Tariff Threats on China

In a pre-budget meeting with Finance Minister Nirmala Sitharaman here, Federation of Indian Export Organisations (FIEO) President Ashwani Kumar has also demanded extension of the five per cent Interest Equalisation Scheme (IES).

"A marketing scheme to focus on US with a corpus of Rs 250 crore per year (Rs 750 crore overall) for three years may be launched to generate additional exports of USD 25 billion," Kumar said.

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