Biotechnology industry pushes for fiscal incentives, duty exemption
India's biotechnology industry is pushing the Government of India for fiscal incentives, import duty exemption.
Multiple EU policies hinder the importation and use of biotech crops from the United States, including delays in approvals of new biotech traits; commercially infeasible requirements on biotech content in food products under EU Traceability and Labeling Regulations; and state-by-state restrictions on biotech imports.