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Export incentive schemes in India are pivotal for encouraging businesses to engage in international trade. These schemes are designed to provide financial support and various benefits to exporters, helping them enhance their competitiveness in the global market.
Through measures like duty drawbacks, tax exemptions, and financial assistance for marketing and logistics, the Indian government aims to promote the export of goods and services across various sectors. By alleviating the financial burden on exporters, these incentives not only stimulate economic growth but also create job opportunities, contributing significantly to India's overall development.
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