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India eases policy to export Nitrile/NBR gloves

India eases policy to export Nitrile/NBR gloves
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NEW DELHI: The government on Thursday eased the exports policy for Nitrile/NBR Gloves from ‘prohibited’ to ‘restricted’. India had banned their exports in June. With the amended policy, exporters will be able to export the gloves after taking license from the government.

“The export policy of Nitrile/NBR Gloves exported…is revised from “Prohibited” to “Restricted” category,” the Directorate General of Foreign Trade (DGFT) said in a notification.

India exported $569.73 million worth of these gloves in 2019-20.

Earlier this month, DGFT removed the restriction on the export of N-95/FFP2 masks, making all kinds of masks freely exportable.

The country had in February banned exports of many medical textiles including clothing and masks used in healthcare activities where there is a risk of contamination, amid the Covid-19 pandemic but it gradually removed the export restrictions on most personal protection equipment (PPE).

(Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

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