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Below is quate On Pre Budget 2022-23 Expectations By Mr Bhavik Chinai, Group CEO, BVC Logistics

"We expect the Union Budget to provide for large incentives for jewelry exporters for exporting <$1000 shipments which will boost e-commerce & could make India a global leader in jewelry, like in diamonds. A higher interest rate in the Gold Monetization Scheme will lead to improved Indian BOP & employment in the jewelry sector.

We are hoping for a higher budget for new airports, tax benefits for logistics capex & simplification of procedures for new exporters through a single window between DGFT, Customs & GST will unquestionably help the e-commerce & logistics industries."

About BVC Logistics

BVC Logistics (BVCL) is a distinguished market leader in providing Secure Logistics for the Diamond & Jewellery value chain. Headquartered in Mumbai, India, the 60+ year old establishment handles the logistics of over 50% of India's import & export, and domestic gems & jewellery.

Founded in 1960, BVCL has its presence across India and has offices in Singapore & Hong Kong, offering safe transportation of high-value goods to 20,000+ trusted customers spread over 130 countries and 10,000+ pin codes in India. With an employee strength of 1500+, BVCL is on a mission to set global benchmarks in stakeholder satisfaction, while building the future of the jewellery value chain.

For over 60 years, BVCL has pioneered & achieved global recognition with a remarkable team and enduring commitment towards sustainability.

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