DGFT issues New SION for Exportable ‘Propionic Anhydride’, Seeks to Bolster High-Value Chemical Trade

The Directorate General of Foreign Trade (DGFT) has issued a new Standard Input Output Norm (SION) for exportable propionic anhydride, a high-value chemical. The move is aimed at bolstering the trade of this important industrial chemical, which has significant applications in the pharmaceutical, agricultural, and chemical industries. The new SION will help exporters of propionic anhydride navigate the export process more efficiently by providing clearer guidelines on the duty-free import of inputs used for manufacturing the product. The DGFT’s initiative is expected to boost the export of high-value chemicals, fostering the growth of India’s chemical trade and enhancing the country’s competitiveness in the global market.