The government has allowed state- owned Kudremukh Iron Ore Company (KIOCL) to directly export iron ore pellets in a bid to revive the cash-starved company.
"KIOCL Ltd (formerly known as Kudremukh Iron Ore Company Ltd) has been permitted to export its own manufactured iron ore pellets either by itself or through any entity authorized by them for the purpose," Directorate General of Foreign Trade (DGFT) has said in a notification
Source:- ptinews.com
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