Kautilya

Export of Drug Formulations and Biologics Registers Continuous Growth Over Past Three Years

The measures taken by Department of Commerce to promote exports include various schemes under the Foreign Trade Policy (FTP), assistance under the Market Access Initiative (MAI) scheme, setting up district export hubs, Transport and Market Assistance Scheme etc. Trade delegations/buyer-seller meets with various countries are regularly organized for the benefit of exporters. Airfare support is also provided to the exporters with a turnover of Rs.30 crore and below to encourage participation in business delegations/trade fairs.