India is now seen as the Sixth Manufacturing Superpower – gradually growing, having its manufacturing output share doubled in 20 years (2002-21)....

India is carving a path to reach its ambitious target UD$ 2 trillion economy, as the DGFT has said that India will have to undertake a slew of measures to reach its target by 2030. ...

Fireside Chat with DGFT at the India Business & Trade Conclave delved into the core pillars of the Foreign Trade Policy (FTP) 2023.  The DGFT  shared insights on India's export competitiveness and g...

After experiencing an estimated 6.9% GDP growth in 2022-23 despite global headwinds, India's economy is projected to grow at a rate of 7% and expected to be the fastest-growing economy in FY '24. IBT ...

The Amnesty Scheme under FTP 2023 allows all pending cases of default to be regularized by paying all customs duties that were exempted in proportion to unfulfilled Export Obligation. No interest is p...

Foreign Trade Policy (FTP) 2023 has highlighted measures to extend benefits to e-commerce exports identifying it as a key thrust sector. The new age policy targets to attain a growth of US$ 200-300 bi...

The new merchanting policy, as mentioned in the Foreign Trade Policy 2023, will now allow trade of restricted items without touching Indian shores. The tweak in policy will be beneficial to merchants,...

India's new Foreign Trade Policy carries the objective of raising the country’s outward shipments to US$ 2 trillion by 2030, through various initiatives that include moving from incentives to remiss...

India's share in global exports has grown marginally from 1.6% to 1.7% during 2015-19, with both exports and imports growing at a CAGR of 5.2%. The upcoming FTP needs to focus on growing India's share...