FIEO hails increase in limit for courier & e-commerce exports

FIEO hails increase in limit for courier & e-commerce exports

FIEO hails increase in limit for courier & e-commerce exports

Hailing the decision to raise the limit of exports through courier and e-commerce, Mr Ganesh Kumar Gupta, President, Federation of Indian Export Organisations (FIEO), said that the increase from Rs 25,000 to Rs 5,00,000 shows the pragmatic approach of the government and will go a long way in facilitating e-commerce retail exports from the country.

The FIEO President said that the time has come to expand the list of products that can avail MEIS benefits if exported through e-commerce. The present list excludes many products which are traded through such platform. Mr Gupta also suggested to extend the benefits to all international exports in the country as well as all foreign post offices instead of restricting it to a few airports and post offices so that artisans and entrepreneurs located in tier 2 and 3 cities can also exploit the potential of e-commerce exports, said a release.

Manjula

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