India's Export Policy Architecture
Institutions and Instruments
India's export promotion ecosystem involves multiple institutions: the Department of Commerce (policy), Directorate General of Foreign Trade (DGFT — licensing, FTAs), Export Promotion Councils (EPCs — sector-specific bodies for leather, gems, engineering, etc.), ECGC (credit insurance), and EXIM Bank (long-term export finance).
The Foreign Trade Policy (FTP) provides the overarching framework, while schemes like RoDTEP (Remission of Duties and Taxes on Exported Products), EPCG (Export Promotion Capital Goods), and Advance Authorisation provide duty relief to exporters.
- Foreign Trade Policy 2023-28: Released in March 2023; focuses on reaching $2 trillion exports by 2030
- RoDTEP: Replaced MEIS (Merchandise Exports from India Scheme); refunds embedded taxes at various rates by sector
- EPCG: Allows import of capital goods at zero duty for export production, subject to export obligation
- Advance Authorisation: Duty-free import of inputs for direct use in export production
- Bharat Mart (Dubai): India's international marketplace hub in GIFT City and Dubai; facilitates physical and digital showcasing of Indian products
● Tracked since February 20, 2026 · last seen April 28, 2026 · updates as the daily brief publishes
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