Import by 4-star and 5-star export houses effectively barred from importing for domestic consumption.
Round-tipping creates the opportunity for exporters to source funds at a much cheaper cost, which they divert to some other business.
The government announced several incentives in the five-year Foreign Trade Policy.
For the last few days, Surat-based diamond exporter Savji Dholakia has been inundated with job applications.
Gurucharan Singh's Dhawan Creative apparently clocked trades 10 times its capital in a few months.