(i) Market Diversification: The incentives provided under Focus Market Scheme have been increased from 2.5% to 3%.
Viet Nam 1:
Would India be willing to outline key elements in building incentives provided under Focus Market Scheme?
Reply: Objective of Focus Market Scheme is to offset the high freight cost and other externalities relating to select international market. Details of the Scheme are given in Chapter 3 of Foreign Trade Policy 2009-14 and are available at website dgft.gov.in.
(ii) Technological Upgradation: The existing 3% EPCG Scheme has been considerably simplified, to ease its usage by the exporters.