World Jute Exim Policy

3/13/2014

New Exim policy India

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EXIM Policy 2004 - 2009

ANNUAL SUPPLEMENT 2005 TO THE FOREIGN TRADE POLICY 2004-09 PREAMBLE On August 31, 2004 the Government spelt out a bold vision to double India's share in world trade within Jute Packaging Material five years, and to focus on the generation of additional employment in the process. The current trade figures (Compulsory Use) indicate that India is not only on the right path but approaching the goal at an accelerated pace. Act, 1987 India to be a major gainer from emerging global trends Essential In the fast changing international trading scenario, outsourcing of manufacturing activities in the skill intensive Commodities Act, sectors has become an essential business strategy for the developed countries. India with its large skilled 1955 (10 of 1955) work force, growing domestic market, raw material availability and the emergence of a mature supply base Jute Products, in is set to gain enormously from this trend since the Indian advantage goes well beyond the low wage rates. Order of Indian Trade Classification While there is no doubt that knowledge based industries such as information technology offer India a smooth route to world markets, great potential and opportunities exist in the manufacturing sector also. Code NO. FTP strategy is on the right track National Textile When the five year Foreign Trade Policy was announced on August 31, 2004, the Government took Policy - 2000 cognizance of the fact that a bold and clearly delineated approach was needed to tap such opportunities. The Foreign Trade Policy articulated two basic objectives that would enable India to achieve these goals. Jute Policy Schemes The first objective was doubling our percentage share of global merchandise trade within five years. To achieve this, an average...