Category: DGFT

Jul 12

Key Changes in India’s Foreign Trade Policy 2025: A New Era of Digitization, Remission, and E-Commerce

India’s Foreign Trade Policy (FTP) 2025 marks a significant transformation in the nation’s approach to global commerce. With the goal of enhancing export competitiveness, simplifying procedures, and aligning with global best practices, the government has introduced key reforms that reshape the trade landscape. These changes reflect India’s commitment to becoming a more dynamic and resilient player in international markets. 1. Shift from Incentives to Remission and Entitlements One of the most notable policy shifts is the transition from a traditional Read Full Details…

Dec 01

MINISTRIES, DEPARTMENTS AND OTHER REGULATORY AGENCIES

CBIC (Central Board of Indirect Taxes and Customs) www.cbic.gov.in, www.icegate.gov.inDGFT (Directorate General of Foreign Trade)Other Ministries, Departments and AgenciesMinistries/Departments:Ministry of Information & Broadcasting (I&B)Ministry of New and Renewable Energy (MNRE)Dept of Animal Husbandry, Dairying and FisheriesDepartment of Atomic EnergyDepartment of Chemicals and Petro ChemicalsMinistry of Electronics and Information TechnologyMinistry of Environ., Forest and Climate ChangeDepartment of Scientific & Industrial ResearchWireless Planning and Coordination WingLegal Metrology Division, Dept of Consumer Affairs Other Agencies:Agri. Products Export Development AuthorityAnimal Quarantine & Certification ServicesApparel Read Full Details…

Nov 26

Emerging areas to help meet $1 trillion goods export target for 2030: DGFT

New and emerging areas like electronics, renewable energy, IT hardware, and electric vehicles will be the key for India to get to the target of $1 trillion in merchandise exports by 2030, Director General of Foreign Trade Santosh Kumar Sarangi said Wednesday. “Our electronics exports are going up. Few years back our electronic exports were ranked 11-12 in total hierarchy of exports. It has suddenly jumped to become the fifth highest exported commodity largely on account of Samsung and Apple Read Full Details…

Oct 22

Ministry of E & IT & Directorate General of Foreign Trade launches online import management system

The Ministry of Electronics and Information Technology and the Directorate General of Foreign Trade launched an online import management system for the issuance of authorization for the import of Information Technology hardware. Briefing the media about the online portal, Electronics and Information Technology Secretary, S. Krishnan said that the portal developed in collaboration with the Department of Revenue is an end-to-end online system introduced to make import authorization seamless, faceless, paperless, and contactless. Laptops, tablets, personal computers, and servers will Read Full Details…

ndian govt extends restriction on sugar exports beyond Oct 31
Oct 22

Indian govt extends restriction on sugar exports beyond Oct 31

Directorate General of Foreign Trade (DGFT) on Wednesday announced that the restriction on export of all varieties of sugar has been extended beyond October 31, according to the notification. “This restriction is not applicable to sugar being exported to EU and USA under CXL and TRQ quota as per prescribed procedure in the respective public notices,” said the notification. India, the world’s second-largest sugar exporter last year had placed sugar in a restricted category until October 31, 2023 ‘to prevent Read Full Details…

Jul 16

Know how to start Export Import Business in India?

Starting an import-export business in India involves several key steps. Here are the main ones: Remember that starting an import-export business involves specific legal, regulatory, and financial considerations. It’s advisable to consult with professionals such as lawyers, accountants, or trade consultants to ensure compliance with all legal requirements and maximize the chances of success.

Jun 12

How to Identify Emerging Areas in the International Market for Exporting Goods

In today’s globalized economy, identifying emerging areas in the international market is crucial for businesses looking to expand their export operations. These emerging areas offer tremendous growth potential, new business opportunities, and access to untapped consumer markets. However, navigating the international market landscape can be challenging without a strategic approach. The key strategies and considerations for identifying emerging areas in the international market for exporting goods are: Identifying emerging areas in the international market for exporting goods requires a systematic Read Full Details…

May 15

Know about India’s Dynamic Trade Policy Created History in Foreign Trade

India has long been a hub of international trade and commerce, dating back to ancient times when it served as a major trading center for spices, textiles, and other goods. Today, India is one of the world’s fastest-growing economies and a major player in the global trade landscape. The country’s dynamic trade policy has been a key driver of this growth, allowing Indian businesses to expand their reach and compete on a global scale. Over the past few years, India’s Read Full Details…