US India Business Council (USIBC) president Nisha Biswal on Wednesday said Generalised Scheme of Preferences (GSP) has been important not only for Indian exporters, but for American companies that have been manufacturing in India and used India as a base for exports into the region.

From the perspective of the USIBC, the US Chamber was supportive of India’s desire to restore GSP, Biswal told CNBC-TV18.

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Source: CNBC TV18