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Export incentive schemes in India are designed to promote and enhance the country's export capabilities by providing various financial and non-financial benefits to exporters. These schemes aim to boost the competitiveness of Indian goods in the global market, thereby increasing foreign exchange earnings and contributing to the overall economic growth of the nation.
The government implements a range of incentives, including duty drawbacks, export credit guarantees, and tax exemptions, which are tailored to support different sectors and types of exporters. By facilitating easier access to international markets, these schemes encourage businesses to expand their operations beyond domestic borders.
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