NEW DELHI: The Gem and Jewellery Export Promotion Council (GJEPC) has called on the government to amend the Customs Act, offer concessional export credit, expedite the passage of the SEZ Act amendment, and form a National Gem and Jewellery Park Policy to enhance India's competitiveness in global trade.
Kirit Bhansali, Chairman, GJEPC, in a meeting with select industry representatives in the export sector, chaired by Prime Minister Narendra Modi, presented key policy recommendations to boost exports and India’s manufacturing ecosystem, a statement from the Council said.
Bhansali noted that India needs to establish an efficient and trade-friendly business environment to remain globally competitive with leading trade hubs such as Belgium, London, the USA, and the UAE.