‘Efficient customs ops lead to reduced delays, lower costs, and greater predictability’

Debajyoti Bagchi, VP Business Development, TT Group says, “India’s initiative to accelerate and optimize customs procedures is essential for improving the business environment and enhancing global competitiveness. Efficient customs operations lead to reduced delays, lower costs, and greater predictability for enterprises, especially MSMEs. Measures such as ICEGATE 2.0, 24*7 clearance in courier terminals, ECCS e-mobility app, SCMTR, automation module on exchange rate, CeP 2.0, warehousing module for CBW etc help to eliminate bureaucratic hurdles and enhance transparency. As India aims to establish itself as a global manufacturing and logistics centre, these improvements are instrumental in boosting potential investor confidence and facilitating efficient trade flows. Nevertheless, it is crucial to strike a balance between speed and security, ensuring compliance to uphold economic stability while encouraging smooth trade in an increasingly dynamic global landscape.”