Prakash Tulsiani of Allcargo Logistics hails Mid-Term Review of Foreign Trade Policy

Posted by Daily Shipping Times on 07-12-2017        Tweet

MUMBAI: “An export-oriented focus and enabling the leveraging of GST benefits has been the positive highlight of the revised Foreign Trade Policy. Deployment of data analytical tools to review the performance of critical export sectors is a step in the right direction and will help open new export vistas for India.

The FTP also has the potential to boost trade logistics with an emphasis on process simplifications and effective course corrections. This is a timely boost for trade and production through Make in India. A slew of new incentives will boost the export competencies of the Country and also increase shipments, which will indeed be useful to logistics solution providers and in turn action economic activity to position India's economy on an elevated growth trajectory.”