How the EPCG Scheme Supports the Make in India Initiative
The Indian government’s Export Promotion Capital Goods (EPCG) Scheme is vital in supporting the nation’s ambitious Make in India initiative. Launched in 2014, Make in India seeks to transform India into a global manufacturing hub by encouraging both domestic and foreign investments, promoting innovation, and building best-in-class infrastructure. The EPCG License, in particular, complements this…