INDIAN

IMPORT-EXPORTS
WHY DO WE NEED EXPORT IN INDIA
 Exports are incredibly important to modern
economies because they offer people
and firms many more markets for their goods.
One of the core functions of diplomacy and
foreign policy between governments is to foster
economic trade, encouraging exports and imports
for the benefit of all trading parties.
WHAT IS EXIM POLICY
 Exim Policy or Foreign Trade Policy is a set of
guidelines and instructions established by
the DGFT in matters related to the import and
export of goods in India.The Foreign Trade
Policy of India is guided by the Export Import in
known as in short EXIM Policy of the Indian
Government and is regulated by the Foreign
Trade Development and Regulation Act, 1992.
OBJECTIVES OF EXIM POLICY OF INDIA

 To promote persistent growth in exports to acquire a

share of at least 1% of international merchandise trade
 To encourage stable economic expansion by offering
access to necessary capital goods, raw materials,
intermediate products, consumables, installations, and
elements essential for providing services and
expanding production.
 To supply consumers with fine condition goods and
services at globally competitive rates while
simultaneously generating a level playing range for
domestic production.
EXPORT PROMOTION MEASURS
 Policy measures
 Institutional set up
 Import facilitaion for export production
 Cash subsi