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Global presence of Indian handicrafts should increase

An upturn has been seen in exports of wood and wooden products, with export value in the first five months of 2018 reaching 3.3 billion USD, up 8.2 percent from the same period last year. The top four markets were the US, China, Japan and the Republic of Korea (RoK), together accounting for 78.1 percent […]

Centre hikes incentive rate for handicraft exports under MEIS

Spelling relief for handicraft exporters struggling to cope with competition in the global market, the government has enhanced support to the sector under the popular merchandise export from India scheme (MEIS). The office of the Directorate General of Foreign Trade (DGFT) has increased the rate of incentive under MEIS to 7 per cent from 5 […]

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