Daily Archives: April 20, 2024

Remission of Duties or Taxes on Exported Products (RoDTEP): Boosting India’s Exports

Introduction The Remission of Duties or Taxes on Exported Products (RoDTEP) scheme is a key government initiative aimed at enhancing the competitiveness of Indian exports in the global market.  Objectives of the RoDTEP Scheme The RoDTEP scheme was introduced in January 2021, replacing the Merchandise Exports from India Scheme (MEIS). …

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India Semiconductor Mission (ISM): Building a Domestic Chip Ecosystem

India Semiconductor Mission

Introduction The Indian government, recognizing the critical role of semiconductors in the digital age, launched the India Semiconductor Mission (ISM) in 2021. This initiative aims to address the country’s dependence on foreign chipmakers and foster a robust domestic semiconductor ecosystem Objectives of the ISM The ISM has a multi-pronged approach …

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