Bhadohi notified as Town of Export Excellence for Carpets and other Floor Coverings under Foreign Trade Policy
What is Town of Export Excellence ?
Under the Foreign Trade Policy 2015-20, selected towns producing goods of Rs. 750 Crore or more may be notified as Town of Export Excellence (TEE) based on potential for growth in exports. However, for TEE in Handloom, Handicraft, Agriculture and Fisheries sector, threshold limit is Rs. 150 Crore.
The following facilities are provided to such TEE’s:
(i) Recognized associations of units will be provided financial assistance under MAI scheme, on priority basis, for export promotion projects for marketing, capacity building and technological services.
(ii) Common Service Providers in these areas shall be entitled for Authorisation under EPCG scheme
The notification is as under:
MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
New Delhi, the 20th November, 2018
Subject: Amendment in Appendix 1B, Hand Book of Procedures 2015-20
F.No. 01/94/180/5/AM19/PC-1.—In exercise of powers conferred under paragraph 1.03 of Foreign Trade Policy 2015-20, the Director General of Foreign Trade hereby makes the following amendment in Appendix 1B notified vide Public Notice No. 01/2015-20 dated 01.04.2015.
2. The following entry is added in Appendix 1B
|S. No.||Town of Export Excellence||State||Product Category|
|37||Bhadohi||Uttar Pradesh||Carpets and other Floor Coverings|
Effect of Public Notice: The town of Bhadohi in Uttar Pradesh has been notified as a Town of Export Excellence for the mentioned products.
ALOK VARDHAN CHATURVEDI, Director General of Foreign Trade &
Ex Officio Addl. Secy