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Industry chamber CII on Thursday said that its recent survey reveals that reducing costs of trade through digitisation station, inland infrastructure development and an efficient regulatory environment across four high-growth trade sectors can boost exports by 5-8 per cent. A first-of-its-kind study by Confederation of Indian Industry (CII) and Maersk reveals that reducing the costs of trade across four high-growth trade sectors by prioritising digitisation, inland infrastructure development, an efficient regulatory environment and developmental training, can boost exports by 5-8 per cent. A 10 per cent reduction can boost India's competitiveness and contribute additional revenues of up to $5.5 billion annually," it said.
Industry chamber CII on Thursday said that its recent survey reveals that reducing costs of trade through digitisation station, inland infrastructure development and an efficient regulatory environment across four high-growth trade sectors can boost exports by 5-8 per cent. A first-of-its-kind study by Confederation of Indian Industry (CII) and Maersk reveals that reducing the costs of trade across four high-growth trade sectors by prioritising digitisation, inland infrastructure development, an efficient regulatory environment and developmental training, can boost exports by 5-8 per cent. A 10 per cent reduction can boost India's competitiveness and contribute additional revenues of up to $5.5 billion annually," it said.
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