Mr. Malcolm Monteiro, SVP & Area Director, South Asia, DHL Express, has in a press release stated: “The focus on giving low-cost credit to key export industries and extending the benefit of incentive schemes to greater number of sectors is a very welcome move as it would provide some stability to our exporters in an uncertain global environment. The focus on rewarding value-addition is also very welcome as it creates greater incentives for the integration of our entrepreneurs into global value-chains. The logistics sector is especially heartened by trade facilitation reforms included in the FTP such as the decision to dispense with the requirement to submit hard copy of EP copy of shipping bills as they have a direct positive impact on our operation costs.”