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INDIA’S FOREIGN TRADE POLICIES
Presented by:
Apurba Kumar Sarma 08/D/2013
Arifa Rahman 09/D/2013
Garima Goswami 20/D/2013
Hemanga Deka 23/D/2013
Kunal Sharma 35/D/2013
Priya Podder 50/D/2013
Rickjyoti Batshya 57/D/2013
What is Indian Foreign Trade
Polices?
• Union Commerce Ministry, Government of India announces
integrated Foreign Trade policies every five year also called
EXIM policy.
• It was earlier implemented as EXIM Policy on 25th march 1947
but on 1992 it was replaced by foreign trade (development
and regulation act).
• Policy updated every year with some modifications & new
schemes.
Title
• Lorem ipsum dolor sit amet, consectetuer
adipiscing elit. Vivamus et magna. Fusce sed
sem sed magna suscipit egestas.
• Lorem ipsum dolor sit amet, consectetuer
adipiscing elit. Vivamus et magna. Fusce sed
sem sed magna suscipit egestas.
Objectives
• To double India’s share
• To increase economic growth
• To encourage domestic producers
• To enhance technological strength
• To encourage attainment of quality goods
Composition Of India’s Foreign
Trade
Agricultural and Allied Products
• 15% share in exports
• Top items of agricultural exports include:
- Fish Products
- Rice
- Oil Cakes
- Fruits and Vegetables
Ores and Minerals
• 12.3% share in exports.
Manufactured Goods
• 61.3% share in exports.
- Include: Engineering Goods
• Gems and Jewellery
• Chemical and Allied Products
• Readymade Garments
Minerals Fuels and Lubricants
• 18.3% share in exports
• There has been improvement in the exports of
mineral fuels and lubricant both in terms of
value and in terms of %.
Composition of Imports
• Petroleum Products
31.7% share in Imports.
• Capital Goods
20.3% share in Imports.
• Pearls and Precious Stones
6.2% share in Imports.
• Iron and Steel
2.4% share of Imports.
• Fertilizers
2.4% share of Imports.
Foreign Trade Policy
Policy – 1997-2002
Objectives:
1. Raising the pace of country’s Export
2. New incentive for export promotion
3. Reducing the number of items in the negative list of export
4. Establishment of a self-reliant country.
Features :
1. The new duty entitlement passbook scheme was started.
2. Special incentives to agricultural products were given.
3. Special incentives to software exports were provided.
4. Custom duties were reduced.
Policy 2002-07
Objectives:
1. To increase India’s share in world trade from the present level
of 0.67% in 2002 to 1% in 2007.
2. To increase the growth rate of exports to 12.4%
3. To upgrade the level of technology by allowing liberal import
of technology.
4. Reduction in percentage of physical examination of export
cargo.
Features:
1. The policy has taken measures to encourage value added
exports in the garment sector.
2. The policy has given major trust to agricultural exports by
removing export restriction on designated items.
3. Transaction cost has been reduced.
Policy 2009-2014
Objectives:
1. To arrest and reverse the declining trend of exports.
2. To provide support to those sectors which have been hit badly
by recession.
3. To achieve an Annual Export growth of 15% by March 2013.
4. To achieve Annual Export growth of around 25% by 2014.
Features:
1. 100% growth of India’s export of goods and services by 2014.
2. 26 new market added to focus market scheme
3. Export units allowed to sell 90% of goods in domestic market.
4. Duty-free samples for exporters raised to 50 pieces.

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Foreign trade policies

  • 1. INDIA’S FOREIGN TRADE POLICIES Presented by: Apurba Kumar Sarma 08/D/2013 Arifa Rahman 09/D/2013 Garima Goswami 20/D/2013 Hemanga Deka 23/D/2013 Kunal Sharma 35/D/2013 Priya Podder 50/D/2013 Rickjyoti Batshya 57/D/2013
  • 2.
  • 3. What is Indian Foreign Trade Polices? • Union Commerce Ministry, Government of India announces integrated Foreign Trade policies every five year also called EXIM policy. • It was earlier implemented as EXIM Policy on 25th march 1947 but on 1992 it was replaced by foreign trade (development and regulation act). • Policy updated every year with some modifications & new schemes.
  • 4. Title • Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Vivamus et magna. Fusce sed sem sed magna suscipit egestas. • Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Vivamus et magna. Fusce sed sem sed magna suscipit egestas.
  • 5. Objectives • To double India’s share • To increase economic growth • To encourage domestic producers • To enhance technological strength • To encourage attainment of quality goods
  • 6. Composition Of India’s Foreign Trade
  • 7. Agricultural and Allied Products • 15% share in exports • Top items of agricultural exports include: - Fish Products - Rice - Oil Cakes - Fruits and Vegetables
  • 8. Ores and Minerals • 12.3% share in exports. Manufactured Goods • 61.3% share in exports. - Include: Engineering Goods • Gems and Jewellery • Chemical and Allied Products • Readymade Garments
  • 9. Minerals Fuels and Lubricants • 18.3% share in exports • There has been improvement in the exports of mineral fuels and lubricant both in terms of value and in terms of %.
  • 11. • Petroleum Products 31.7% share in Imports. • Capital Goods 20.3% share in Imports. • Pearls and Precious Stones 6.2% share in Imports. • Iron and Steel 2.4% share of Imports. • Fertilizers 2.4% share of Imports.
  • 12. Foreign Trade Policy Policy – 1997-2002 Objectives: 1. Raising the pace of country’s Export 2. New incentive for export promotion 3. Reducing the number of items in the negative list of export 4. Establishment of a self-reliant country. Features : 1. The new duty entitlement passbook scheme was started. 2. Special incentives to agricultural products were given. 3. Special incentives to software exports were provided. 4. Custom duties were reduced.
  • 13. Policy 2002-07 Objectives: 1. To increase India’s share in world trade from the present level of 0.67% in 2002 to 1% in 2007. 2. To increase the growth rate of exports to 12.4% 3. To upgrade the level of technology by allowing liberal import of technology. 4. Reduction in percentage of physical examination of export cargo. Features: 1. The policy has taken measures to encourage value added exports in the garment sector. 2. The policy has given major trust to agricultural exports by removing export restriction on designated items. 3. Transaction cost has been reduced.
  • 14. Policy 2009-2014 Objectives: 1. To arrest and reverse the declining trend of exports. 2. To provide support to those sectors which have been hit badly by recession. 3. To achieve an Annual Export growth of 15% by March 2013. 4. To achieve Annual Export growth of around 25% by 2014. Features: 1. 100% growth of India’s export of goods and services by 2014. 2. 26 new market added to focus market scheme 3. Export units allowed to sell 90% of goods in domestic market. 4. Duty-free samples for exporters raised to 50 pieces.