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EOU

export oriented

Export Oriented Unit (EOU) Scheme:

The primary goals of the EOU scheme are strategically aligned to bolster the economic growth and global positioning of the country. These objectives include:
  • Boost Exports:
    • Foster a conducive environment for businesses to thrive in international markets.
    • Actively contribute to the expansion of export activities across diverse sectors.
  • Foreign Exchange Earnings:
    • Generate foreign exchange reserves through increased export transactions.
    • Strengthen the economic foundation by enhancing the country’s financial standing on the global stage.
  • Technology Transfer:
    • Facilitate the inflow of cutting-edge technologies.
    • Promote the seamless transfer of knowledge to bolster domestic capabilities and competitiveness.
  • Stimulate Foreign Direct Investment (FDI):
    • Create an attractive investment climate to allure direct foreign investments.
    • Establish a mutually beneficial relationship with global investors for sustained economic growth.
  • Employment Generation:
    • Contribute to the reduction of unemployment rates by creating additional job opportunities.
    • Support inclusive growth by fostering employment across various skill sets.
In summary, the EOU scheme strives to play a pivotal role in the economic landscape by driving exports, fortifying foreign exchange reserves, facilitating technology transfer, attracting foreign investments, and fostering job creation.