Economy

TN Chamber hails export initiatives

Our Correspondent Madurai | Updated on February 15, 2011




The Tamil Nadu Chamber of Commerce and Industry has hailed the new set of incentives announced by the Union Commerce and Industry Ministry.

In a statement here, Mr N. Jegatheesan, President of the chamber, said that incentives for a total 617 products worth Rs 500 crore, including the extension of the benefit of 2 per cent of the free-on-board value of exports under Market Linked Focus Product Scheme to 335 new products for 15 specified international markets, would to a considerable extent facilitate the export sector to reach the target of $200 billion fixed by the Ministry for the current fiscal.

Published on February 15, 2011

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