India's Government has removed restrictions for exporters amid concerns over stagnating garment and textile exports. 

The decision, announced by the Directorate General of Foreign Trade, means exporters have been relieved of submitting the landing certificate of goods in order to avail of benefits under the Merchandise Exports India Scheme (MEIS); a move aimed at facilitating ease of doing business.

The Directorate General of Foreign Trade (DGFT) said in a notification: "MEIS Scheme covers 5,012 lines (or products). 2,787 lines required submission of proof of landing as reward was not available for all markets. Henceforth, landing certificate shall not be required under MEIS."

Launched in April last year, the MEIS provides a duty benefit of 2% of FOB value on exports to Group A countries (traditional markets like the US, EU-28 and Canada) and a single country in Group B (emerging markets). A 2% duty benefit is also provided for fabric exports to Bangladesh and Sri Lanka.

Amendments last year extended eligibility for the duty relief to textile exports to any country globally, while apparel now includes markets like South Africa, Russia, China and Hong Kong, as well as East and West African countries.

This latest removal of restrictions took effect from 4 May and it is hoped the move will enhance export competitiveness, particularly in the country's textile sector where it is understood annual exports have remained at around US$40bn for the last two years.

Click here to view the notice.

India FDI reforms to ease sourcing and retail