institutional infrastructure for export promotion in india (1)

Institutional Infrastructure for Export Promotion in India

Six different tiers

• Department of Commerce• Consultative Organisations• Commodity Specific Organisations• Service Institutions• Government Trading Organisations• Agencies for export promotion at the State

level

Department of Commerce Responsible for directing foreign trade policy. Regulates certain export oriented industries. Functional Divisions of department of commerce are:

Economic division • Formulation of export strategies and planning• Monitors work relating to technical assistance,

overseas investment by Indian entrepreneurs.

Trade policy division• Main Task is to keep aware of developments in

international organizations like UNCTAD,WTO

Foreign Trade Territorial division• Development of trade with different countries and

regions of the world.• Handles matters pertaining to state trading ,

organizations of trade fair and exhibitions.

Export Products division• Pays attention to the problems connected with

production, generation of surplus, and development of markets for products under its jurisdiction.

Export Services division• Deals with problem of export assistance, cash

assistance, export credits, export house, assistance to import capital goods.

Export Industries division• Responsible for the development of rubber, tobacco,

cardamom and handles export promotion activites relating to textiles, woolens, handloom etc

Commodity Organisations

Export Promotion Councils• To offer professional advice to their members in areas

such as technology up gradation, quality and design improvement, standards and specifications, product development, innovation, etc.

• To organise visits of delegations of its members abroad to explore overseas market opportunities.

• To build a statistical base and provide data on the exports and imports of the country.

• To organise participation in trade fairs, exhibitions and buyer-seller meets in India and abroad;

Commodity Boards MPEDA APEDA

Government Trading Organisations

• Arrange exports where bulk handling and long term contracts are advantageous.

• Facilitate exports of ‘difficult to sell’ items• Organise production to meet export demand.• Undertake imports of such commodities where

bulk procurement is advantageous.

Service Institutions

Indian Institute of Foreign Trade• Provides training for executives and personnel

employed in trade and industry, export houses for developing specializations in procedures of international trade.

• Provides consultancy to business firms in matters relating to foreign trade.

• Sponsors candidates selected from trade and industry, export houses for higher training abroad in export management.

India trade Promotion Organisation(ITPO)

• Organising various trade fairs and exhibitions.• Establishing durable contacts between Indian suppliers and

overseas buyers.• Assisting Indian companies in product development and

adaptation to meet buyers' requirements.• Organising Buyer-Seller Meets and other exclusive India

shows with a view to bringing buyers  and sellers together• Organising seminars/conferences/workshops on trade-

related subjects.• Encouraging small and medium scale units in export

promotion efforts.• Conducting in-house and need-based research on trade and

export promotion

National Centre for Trade Information (NCTI)

• Establish linkages with trade promotion bodies, regulatory bodies.

• Publish papers, periodicals having a bearing on trade and commerce.

• Maintain liaison with trade & commercial bodies of different countries.

• Disseminate information on countries & products to trade & industry.

Export Credit Guarantee Corporation(ECGC)

• Provides a range of credit risk insurance covers to exporters against loss in export of goods and services.

• Makes it easy to obtain export finance from banks/financial institutions.

• Provides information on credit-worthiness of overseas buyers.

• Provides Overseas Investment Insurance to Indian companies investing in joint ventures abroad .

EXIM BANK

• The primary objective of the Export-Import Bank of India is to provide financial assistance to importers and exporters and function as the top financial institution. Some of the services of the bank include: overseas investment finance, export credit, finance for export oriented units and agricultural & SME finance.

The Export Inspection Council (EIC) Export Inspection Council, either directly or through Export

Inspection Agencies, renders services in the areas of:• Certification of quality of export commodities through

installation of quality assurance systems (In-process Quality Control and Self Certification) in the exporting units as well as consignment wise inspection. 

• Certification of quality of food items for export through installation of Food safety Management System in the food processing units.

• Issue of Certificates of origin to exporters under various preferential tariff schemes for export products.

Indian Institute of Packaging

Govt. of India in collaboration with the industry

setup the IIP in 1966. The main aims of thisinstitute are :

• Undertakes research on raw materials for packaging industry.

• Organize training programs on packaging technology.

• Organize consultancy services for the industry

Indian Council of Arbitration

• Arranging arbitration of disputes in international trades through its constitute members.

• Maintenance of panels of persons to act as arbitrators .

• Collaboration with international organisation in matters concerning International commercial arbitration.

Federation of Indian Export Organisation

• Arranging round table conferences of business interests in India with trade missions and others business teams on a visit to India.

• Projecting Indian goods abroad through various advertisements,exhibition etc,.

• Maintaining overseas liaison with ITC, WTO, IMF etc,.

• Inviting business interests and economic and trade missions from abroad specially for a tour of industrial and commercial centres of India .

• Trade Fair Portal• Department of Commercial Intelligence and

Statistics• Directorate General of Shipping• Freight Investigation Bureau