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Export incentive schemes in India play a crucial role in enhancing the competitiveness of Indian products in global markets. These programs are designed to stimulate export growth by offering various benefits, such as tax exemptions, financial support, and subsidies.
The aim is to encourage manufacturers and service providers to expand their reach internationally, thereby increasing foreign exchange earnings for the country. Such initiatives not only bolster the export sector but also contribute to job creation and economic development at large.
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