Looking for a detailed guide to India’s Regulatory Agencies of India, Export Promotion Councils, Commodity Boards, and Export Development Authorities? Learn how they can help Indian exporters expand their businesses into international markets.
India is one of the largest exporters of goods and services in the world. To promote Indian exports and assist entrepreneurs, the government of India has established various Export Promotion Councils (EPCs), Commodity Boards, and Export Development Authorities (EDAs). In this blog, we will provide a comprehensive guide on the various EPCs, Commodity Boards, and EDAs in India. Export Promotion Councils play a crucial role in promoting Indian exports and assisting entrepreneurs. These councils assist Indian exporters in the following ways: they provide technical support and industry insights, they promote the product category that they handle, they assist exporters in expanding their businesses to international markets, they provide access to various government schemes, they conduct overseas tours and studies, they act as an intermediary between the export industry and the government, they collect and supply market information to exporters, and they assist exporters in understanding the market.
Introduction:
India is one of the world’s largest exporters of goods and services. The country produces a wide range of goods that are exported to countries all over the world. The government of India has established various Export Promotion Councils (EPCs), Commodity Boards, and Export Development Authorities (EDAs) to promote Indian exports and assist entrepreneurs. These organizations offer technical assistance, industry insights, and other services to Indian exporters. We will provide a comprehensive guide to the various EPCs, Commodity Boards, and EDAs in India in this blog.
Regulatory Agencies of India
The Regulatory Agencies of India play a crucial role in ensuring the smooth functioning of the country’s economy and maintaining a conducive environment for businesses to thrive. Two prominent regulatory agencies are the Central Board of Indirect Taxes and Customs (CBIC) and the Directorate General of Foreign Trade (DGFT).
The CBIC is responsible for formulating and administering indirect tax policies and laws, collecting indirect taxes, and facilitating trade. It ensures compliance with tax regulations and safeguards the nation’s revenue streams.
The DGFT, on the other hand, spearheads India’s export promotion efforts. It formulates and implements foreign trade policies, regulates exports and imports, and provides incentives to boost export growth. The DGFT’s initiatives contribute significantly to India’s global trade competitiveness.
In summary, the CBIC and DGFT play distinct yet complementary roles in regulating and promoting India’s economic activities. Their efforts are vital for maintaining a stable and prosperous economy.
| Logo | Name of Regulatory Agencies | Functions | Link |
|---|---|---|---|
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Central Board of Indirect Taxes and Customs (CBIC) | Formulates And Administers Indirect Tax Policies And Laws, Collects Indirect Taxes And Facilitates Trade. | Check Price |
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Director General of Foreign Trade (DGFT) | Formulates And Implements Foreign Trade Policies, Regulates Exports And Imports, and Promotes Export Development. | Check Price |
Autonomous Bodies of India
For those with a fervor for trade, the Ministry of Commerce and Industry’s autonomous bodies present a banquet of thrilling possibilities. Whether it’s showcasing exotic spices with APEDA or preserving India’s rich coffee heritage with the Coffee Board, these organizations unveil diverse avenues to contribute to the nation’s economic heartbeat. Whether you yearn for the strategic acumen of the National Centre for Trade Information or the sharp intellect fostered at the Indian Institute of Foreign Trade, these vibrant hubs hold boundless potential for learning, growth, and shaping India’s trade frontier. Take a plunge into their distinctive missions and unearth where your skills and passions can flourish in the dynamic realm of Indian commerce.
| Logo | Autonomous Bodies of India | Functions | Link |
|---|---|---|---|
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The Marine Products Export Development Authority (MPEDA) | Marine Products | Click Here |
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Agricultural and Processed Food Products Export Development Authority (APEDA) | Agricultural and Processed Food Products | Click Here |
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Commodity Boards | 1. Coffee Board 2. Rubber Board 3. Spices Board 4. Tea Board 5. Tobacco Board |
Click Here |
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Export Inspection Council | Quality Control and Inspection | Click Here |
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Indian Institute of Foreign Trade (IIFT) | Research and Training in International Business | Click Here |
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Indian Institute of Packaging (IIP) | Testing And Certification Of Packaging Materials And Packages, Training And Education, Consultancy Services And R&D activities | Click Here |
Commodity Boards of India
| Logo | Name of Commodity Board | Commodity | Link |
|---|---|---|---|
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Coffee Board of India | Coffee | Click here |
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Rubber Board | Rubber | Click here |
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Spices Board (SB) | Spices | Click here |
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Tea Board of India | Tea | Click here |
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Tobacco Board | Tobacco | Click here |
How do Export Promotion Councils help Indian exporters?
Export Promotion Councils play a crucial role in promoting Indian exports and assisting entrepreneurs. Here are some of how these councils help Indian exporters:
- Provide technical support and industry insights
- Promote the product category that they handle
- Assist exporters in expanding their businesses to international markets
- Provide access to various government schemes
- Conduct overseas tours and studies
- Act as an intermediary between the export industry and the government
- Collect and supply market information to exporters
- Assist exporters in understanding and interpreting export policies and assistance schemes
- Guide members on various matters like utilizing GSP, export finance, and insurance of goods
Export Promotion Councils of India
| Logo | Name of Export Promotion Councils | Products / Services | Price |
|---|---|---|---|
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Apparel Export Promotion Council (AEPC) | Readymade garments | Click Here |
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CHEMEXCIL | Basic Chemicals, Pharmaceuticals, and Cosmetics | Click Here |
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Carpet Export Promotion Council | Handmade Carpets and Rugs | Click Here |
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Cashew Export Promotion Council | Cashew | Click Here |
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CAPEXIL | Chemicals, Allied Products, and Dyes | Click Here |
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Council of Leather Exports | Leather and Leather Products | Click Here |
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Electronic and Computer Software Export Promotion Council |
Electronic and Computer Software | Click Here |
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Engineering Export Promotion Council, India (EEPC India) |
Engineering Products | Click Here |
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Export Promotion Council for EOUs & SEZUnits | Products | Click Here |
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Export Promotion Council For Handicrafts (EPCH) | Handicrafts | Click Here |
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Gem & Jwellery EPC (GJEPC) | Gems and Jewellery | Click Here |
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Indian Oil Seeds & Produce Export Promotion Council | Indian Oil Seeds | Click Here |
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Jute Products Development & Export Promotion Council | Jute & Jute Products | Click Here |
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Mobile And Electronic Devices Export Promotion Council (MEDEPC) | Services to Exporters of Mobile and Electronic Devices | Click Here |
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Pharmaceutical Export Promotion Council | Pharmaceutical | Click Here |
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Powerloom Development & Export Promotion Council | Power Equipment and Services | Click here |
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Project Exports Promotion Council of India (PEPC) | Project Exports | Click here |
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Services Export Promotion Council | Services | Click here |
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SHELLAC Export Promotion Council (SHEFEXIL) | Shellac and Forest Products | Click here |
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Sports Goods Export Promotion Council | Sports Goods | Click here |
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The Cotton Textile Export Promotion Council | Cotton Textiles and Garments | Click here |
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The Handloom Export Promotion Council | Handloom Products | Click here |
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The Indian Silk Export Promotion Council | Natural Silk and Silk Blends | Click here |
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The Plastics Export Promotion Council | Plastics and Plastic Products | Click here |
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Synthetic & Rayon Textiles Export Promotion Council | Synthetic & Rayon Textiles | Click here |
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Wool & Woolens Export Promotion Council | Wool & Woolens Products | Click here |
Export Development Authorities in India
| Logo | Export Development Authorities | Functions | Link |
|---|---|---|---|
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Export-Import Bank of India (EXIM Bank) | Financing and Facilitating International Trade | Click Here |
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Federation of Indian Export Organisations (FIEO) | Trade Promotion and Policy Advocacy | Click Here |
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Indian Trade Promotion Organisation (ITPO) | Trade Fair Organization and Promotion | Click Here |
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National Institute of Fashion Technology (NIFT) | Skill Development in Fashion and Design | Click Here |
Conclusion:
Export Promotion Councils, Commodity Boards, and Export Development Authorities are important in promoting Indian exports and assisting entrepreneurs. Indian exporters can expand their businesses to international markets and take advantage of various government schemes if they have a thorough understanding of these organizations. We hope that this guide has given you useful information about the various EPCs, Commodity Boards, and EDAs in India.
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