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Export Promoting Institutes

This document outlines various export promoting institutions in India. The key institutions discussed are Export Promotion Councils (EPCs), which promote specific commodities and register exporters, Commodity Boards which promote traditional exports, the Federation of Indian Export Organizations (FIEO) which acts as the apex body, the Indian Institute of Foreign Trade (IIFT) which trains professionals in foreign trade, and Special Economic Zones (SEZs) which are duty-free enclaves deemed as foreign territory for trade. These institutions aim to facilitate and boost India's export sector through various functions like market research, export promotion events, and acting as a liaison between exporters and the government.

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100% found this document useful (1 vote)
149 views

Export Promoting Institutes

This document outlines various export promoting institutions in India. The key institutions discussed are Export Promotion Councils (EPCs), which promote specific commodities and register exporters, Commodity Boards which promote traditional exports, the Federation of Indian Export Organizations (FIEO) which acts as the apex body, the Indian Institute of Foreign Trade (IIFT) which trains professionals in foreign trade, and Special Economic Zones (SEZs) which are duty-free enclaves deemed as foreign territory for trade. These institutions aim to facilitate and boost India's export sector through various functions like market research, export promotion events, and acting as a liaison between exporters and the government.

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Vikaskundu28
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© © All Rights Reserved
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EXPORT PROMOTING INSTITUTES

Prepared and presented by: Vikas


EXPORT PROMOTING INSTITUTIONS ARE AS
FOLLOW:
Export Promotion Council(EPCs)
Export Promotion Council(EPCs) for Services
Commodity Boards(CBs)
Federation of India Export Organizations (FIEO)
Indian Institute of Foreign Trade(IIFT)
Indian Institute of packaging(IIP)
Indian Council of Arbitration(ICA)
Indian Trade Promotion organization(ITPO)
Special Economic Zones(SEZs)

EXPORT PROMOTION COUNCIL(EPCS)
EPCs are non-profit organization registered under the Companies Act or
the Societies Registration Act.
EPCs shall be autonomous and regulate their own affairs
They supported by the financial assistance from the Central Government.
At present 27EPCs are dealing various commodities
According to the new EXIM policy monetary help depend on:
Effective discharge of the functions assigned to them
Democratization of the membership of the EPCs
Democratic elections of office bearers of the EPCs being held regularly
Timely audit of the accounts of the EPCs

FUNCTIONS OF EXPORT PROMOTION COUNCIL:
Registration of exporters and issue of Registration-cum-Membership
Certificate(RCMC)
Acting as a link between the government and members
Sponsoring and inviting business delegations, sales teams and study
teams
Distribution and disbursement of raw material and marketing assistance
Fixation of floor price or minimum export price or recommendations
Arranging or participating in buyer-seller meets, exports or trade fairs and
exhibitions
Foreign publicity through schemes like Joint Foreign Publicity(JFP)
Allocation of export quota
EXPORT PROMOTION COUNCIL FOR SERVICES
Until now, service exporters are required to register with the Federation
of Indian Exporters Organization(FIFO) and software exporters with the
Electronic and Software Export Promotion Council
To give proper direction, guidance and encouragement to the services
sector an exclusive Export Promotion Council for Services has been
proposed under Foreign Trade Policy 2004-09
Include all the 161 tradable services covered under the General
Agreement on Trade in Services(GATS)



FUNCTIONS OF THE SERVICE EXPORT PROMOTION
COUNCIL

o Map opportunities for key services in key markets and develop
strategies
o Co-ordinate with sectoral players in undertaking intensive brand
building and marketing programmes
o Make necessary interventions with regard to policies, procedures
and bilateral/multilateral issues
COMMODITY BOARDS(CBS)
Commodity Boards are specially established by the government of
India for the promotion of some of the traditional commodities of
exports having high export potentials. These boards are
supplementary to the Export Promotion Councils(EPCs)
Export Promotion Council Commodity Boards
Look after the export promotion of non-
traditional items like engineering goods,
computers, and chemicals.
Look after the export promotion of primary
and traditional items of exports

EPCs are registered under the Companies
Act
Commodity boards are statutory body
EPCs are concerned only with the promotion
& exports of their respective products.
Commodity boards also encompass the
development and production of the
respective commodity and domestic
marketing.
FUNCTION OF COMMODITY BOARDS
To take active interest in production, development and exports of respective
commodity.
To introduce new methods of cultivation of commodities.
To offer advice to the government on export matters such as fixing quota for
exports and significant trade agreements.
To provide trade information, guidance and various other services to their
members and help them in their export promotion efforts.
To participate in trade fairs and exhibitions abroad.
To sponsor trade delegations and conduct market surveys.
To arrange pre-shipment inspection for export items.
FEDERATION OF INDIAN EXPORT ORGANIZATIONS
(FIEO)
Federation of Indian Export Organization(FIEO) is an apex body of various export
promotion organizations. It was set up in October 1965. FIEO works as a partner of
the government of India to promote Indian exports.

Functions of Federation of Indian Export Organization(FIEO) :

International Linkage

Dissemination of Information

Liaisoning with the government

Market Development Assistance(MDA)

Market Research and Development Department

Publicity Department
INDIAN INSTITUTE OF FOREIGN TRADE(IIFT)
o Indian Institute of Foreign Trade was set up in 1963 by the Government of
India as an autonomous body registered under the Societies Registration Act.
o It was set up with the prime objective of professionalizing the countrys
foreign trade management and increase exports by developing human resource,
generating, analyzing and disseminating data and conducting research.

Functions of Indian Institute of Foreign Trade:

Training
Collects and supplies Information
Organises Seminars and Workshops
Trade Delegations
Publications
Research and Consulting
Management Development Programmes

INDIAN INSTITUTE OF PACKAGING(IIP)
o Indian Institute of Packaging was set up in 1966 as a National Institute jointly
by Ministry of Commerce, Government of India and the Indian Packaging
Industry.

o Its headquarter and principle laboratory at Mumbai and regional laboratories at
Kolkata, Delhi and Chennai.

o It is a training-cum-research institute pertaining to packaging and testing.

Functions of Indian Institute of Packaging(IIP):

Training Programmes

Testing Facilities

UN Certification

Environmental Cell
Research and Development

International Recognition

Collection and Dissemination of Information

International Membership
Cont..
INDIAN COUNCIL OF ARBITRATION(ICA)
Indian Council of Arbitration(ICA) was set up on15th April, 1965 as
autonomous non-profit organization registered under the Societies Registration
Act, 1860.

It was set up in accordance to the recommendation of the Committee on
Commercial Arbitration constituted by the Ministry of Commerce, Government of
India.

The main objective of the council is to promote the use of commercial
arbitration, particularly in the course of Indias export trade.

ICA is a member of the Federation of International Commercial Arbitral
Institution and has mutual co-operation agreements with the International Court of
Arbitration, the London Court of Arbitration.
FUNCTIONS OF INDIAN COUNCIL OF
ARBITRATION
a) The council provides arbitration facilities for all types of domestic and
international commercial disputes.

b) Its uses its network of offices for conciliation of international trade complaints
received from Indian and foreign parties, for non-performance of contracts or
non-compliance with arbitration awards.

c) It organises arbitration meetings, conferences, training programmes, etc., for
company, executive, businessmen, lawyers, arbitrators, etc., from time-to-time
in different parts of the country.

d) It conducts research and publishes informative literature on different aspects
of commercial arbitration, including a quarterly Arbitration Journal.
CONTD..
e) It provides information and advice to interested parties regarding the
drafting of trade contracts, arbitration law and facilities and disputes
settlement procedures in India and in other parts of the world.

f) It keeps abreast of the latest developments, in the field if international
commercial arbitration and maintains co-operative links with national and
international arbitration bodies throughout the world.
INDIAN TRADE PROMOTION ORGANIZATION
(ITPO)
Indian trade Organization(ITPO) was set-up by the Ministry of Commerce,
Government of India, on 1
st
January, 1992 with its headquarter in New Delhi after
the merger of Trade Development Authority(TDA) and Trade Fair Authority of
India(TFAI).

ITPO provides a broad spectrum of services to trade and industry , help in
export and technological up gradation and modernization of different industry
segments.

FUNCTIONS OF ITPO
a) Organizes Trade Fairs and Exhibitions

b) Involves the State Governments

c) Assists in Technological Up-gradation and Product Development

d) Helps in establishing Overseas Contacts
e) Other Service:
To identify and nurture export products with long-range growth prospects.
To participate in overseas trade fairs and exhibitions.
To organize seminars, conferences and workshops.
To conduct need based research on trade and export promotion.
To encourage and involve small and medium scale units in export promotion
efforts.
SPECIAL ECONOMIC ZONES(SEZS)

Special Economic Zones(SEZs) is a specially delineated duty free enclave,
which shall be deemed to be a foreign territory for the purposes of trade
operations and duties and tariffs.

Special Economic Zones(SEZs) Schemes in India was conceived by the
Commerce and Industry Minister Murasloi Maran during a visit to special
Economic Zones in 1999 and announced at the time of annual review of EXIM
Policy effective from 1.4.2000.

The Government has converted Export Processing Zones into a special
Economic Zones.
THE MAIN OBJECTIVES OF THE SEZ
(a) Generation of additional economic activity
(b) Promotion of exports of goods and services;
(c) Promotion of investment from domestic and foreign sources;
(d) Creation of employment opportunities;
(e) Development of infrastructure facilities;
FEATURES OF SPECIAL ECONOMIC
ZONES(SEZS)
Establishment of SEZ

Export and Import

Activities Permissible

Foreign Direct Investment(FDI)

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