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India's EXIM policy, announced under the Foreign Trade Development and Regulation Act of 1992, aims to liberalize foreign trade and promote exports. The key features of India's trade policy since 1992 include freedom, licensing, and fewer quantitative restrictions. The EXIM policy influences several areas of the economy like globalization, industries, agriculture, foreign investment, quality upgrades, and self-reliance. Its objectives are to accelerate economic growth, sustain development, improve technology and efficiency, and provide quality products and services.







