Spices Board (Ministry of Commerce & Industry)
The programmes under the scheme ‘Export Development and Promotion’ aims to support exporters to adopt high tech processing technologies or to upgrade existing level of technologies for high end value addition and to develop capabilities to meet the changing food safety standards in the importing countries. The scheme also caters to promoting the Indian spices exporter by assisting them in promotion of Indian Goods in International Trade Fairs, Seminars, etc. by reimbursing their expenditure on the same.
Scheme Benefits & Highlights
The core benefit areas of the scheme include Infrastructure development, Research on new applications of spices & new product development, Promotion of Indian Spice Brand abroad, setting up of Infrastructure for common cleaning, grading, processing, packing, storing facilities (Spices Park) in major spice growing/marketing centers, promotion of organic spices, special programmes for North East entrepreneurs etc. The Board is also participating in international trade fairs and exhibitions to show case India’s strengths and capabilities in spice processing and value addition.
Some of the financial fiscal benefits include:
1. Reimbursement of 50% airfare with limits as per terms for individual exporters
2. For delegations, 50% reimbursement with INR1.5 lakh limit per year per exporter
Eligibility and Process
MSMEs in the Industry.
The applicant should submit application to avail Export Development Schemes of the Board in the prescribed application form in duplicate (available on website: www.indianspices.com with all necessary enclosures as specified in corresponding annexure given in the individual scheme details to the nearest designated regional office of the Spices Board. The applicant is wholly responsible for providing all the information and documents sought as per guidelines of the schemes. Incomplete applications will be rejected and returned to the applicant if the documents required are not enclosed. On receipt of the application and enclosures, the Board / Regional Office (RO) will acknowledge receipt of the application
More details about the process is availble at: https://commerce.gov.in/writereaddata/pdf_download/Export-Development-and-Promotion.pdf