2. Benefits of Export
Foreign market Provides opportunity
to achieve economies of scale and
growth.
Supply of Commodities.
Export Led Growth to many countries.
Foreign export to earn foreign
exchange so as to meet the import of
the country.
Compensate the exporters for the high
domestic cost of production.
3. Provide necessary assistance to the
new and infant exporter to develop the
export business.
Increase the relative profitability of the
export business.
4. Organizational set up
Ministry of Commerce – Administrative
and general division, Finance Division,
Economic Division, Trade Policy
Division, Foreign Trade.
Autonomous Bodies- Commodity
Boards, Export Inspection council,
Indian Institute of Foreign trade, Indian
Institute of Packaging , Export
promotion Councils,
Federation of Indian Export
5. Autonomous Bodies- Indian Council of
Arbitration, Marine Products Export
Development Authority, Agriculture
and processed food products exports
development authority, Indian trade
promotion organization.
Advisory Body – Center Advisory
Council on Trade.
6. Office of Director General of Foreign
Trade (DGFT)
Directorate General or Commercial
Intelligence and statistics.
Office of Development Commissioner.
7. Incentives
Duty Exemption / Drawback
Income tax concession
Awards
Other Incentives
Product Assistance Facilities
Market Assistance
Market Development Assistance
8. Foreign Exchange
Trade Fairs and Exhibitions
Export Risk Insurance
Finance
Quality Control and Pre shipment
Inspection
Institutional assistance
Indian Brand Equity Fund.
9. Import Facilities for Exporters
Export Promotion Capital Goods
Duty Exemption Scheme
Duty Free License
Duty Entitlement pass book
10. EPZs, EOUs, TPs, SEZs
Main objective of Export Process
Zones –
To earn Foreign Exchange
To generate employment opportunities
To facilitate transfer of technology by
foreign investment and other means.
To contribute to the overall development
of the economy.
11. SEZ’s
Only Law which will be operated in
these zones will be Labour and
Banking law.
SEZ’s are different form of EPZ’s.
The first two SEZ’s are set up at
Positra in Gujarat and Nangunery in
Tamil Nadu.
12. Export House and Trading
House
An Export House is an registered
exporter holding a valid Export house
certificate issued by the Director
General of Foreign trade.
Such houses operate as highly
professional and dynamic institutions
and act as important instruments of
export growth.
13. Export House are entitled to special
import license as per the criteria laid
down related to the export net foreign
exchange earnings.
The amount of entitlement is lowest fo
export house 6% on FOB basis and
7.5on NFB basis and highest for
superstar Trading house 12% and 15
%
14. Evaluation and Conclusion
Export development is important to the
firm and to the economy as a whole
Thee government aims at the General
Improvement of the export
performance of the nation and the
economy in general.
The Gov has introduces schemes
such as EPZs, EOUs, TPs, SEZs to
promote units primarily devoted to
exports.