FTP | India | Foreign Trade Policy 2023

Foreign Trade Policy 2023 includes
Process Re-Engineering and Automation
Towns of Export Excellence
Recognition of Exporters through “Status Holder Scheme”
Promoting export from the districts and taking forward the Districts as Export Hubs (DEH) initiative
Streamlining SCOMET Policy (Special Chemicals, Organisms, Materials, Equipment and Technologies)
Facilitating E-Commerce Exports
the consignment wise cap on E-Commerce exports through courier has been raised from ₹5Lakh to ₹10 Lakh in the FTP 2023
Facilitation under Export Promotion of Capital Goods (EPCG) Scheme
Facilitation under Advance authorization Scheme
Merchanting trade
Merchanting trade involves shipment of goods from one foreign country to another foreign country without touching Indian ports, involving an Indian intermediary
Amnesty Scheme
All pending cases of the default in meeting Export Obligation (EO) of authorizations mentioned can be regularized on payment of all customs duties that were exempted in proportion to unfulfilled Export Obligation