New Delhi, April 4 -- Amid ongoing geopolitical tensions in West Asia, export promotion schemes such as RoSCTL (Rebate of State and Central Taxes and Levies) and RoDTEP (Remission of Duties and Taxes on Exported Products) are helping Indian exporters remain competitive in global markets, according to Ranjeet Mehta, CEO and Secretary General, PHD Chamber of Commerce and Industry (PHDCCI).

Speaking with ANI, Mehta said, "RoSCTL and RoDTEP reduce embedded taxes, enabling exporters to offer more competitive prices globally," and added that the schemes are crucial in a highly price-sensitive international market.

Support for MSMEs and Textile Sector

The benefits are particularly significant for micro, small and medium enterprises (MSMEs), w...