Unraveling the New Foreign Trade Policy in India DGFT

India's Directorate General of Foreign Trade (DGFT) plays a crucial role in regulating and promoting the country's foreign trade. The DGFT has recently introduced a new Foreign Trade Policy (FTP), aiming to boost exports, enhance competitiveness, and facilitate ease of doing business for traders. In this detailed article, we will delve into the various aspects of the new Foreign Trade Policy in India DGFT, providing valuable information and expert insights.

Unraveling the New Foreign Trade Policy in India DGFT: An Overview

Before we dive deep into the specifics, let's gain a broad understanding of India's new Foreign Trade Policy.

The FTP sets the guidelines, regulations, and incentives related to India's import and export activities. It aims to simplify procedures, promote digitalization, and align with global trade trends. By doing so, the Indian government aims to create a favorable environment for businesses and traders to thrive in the international market.