Did you know that India’s total merchandise exports growth in 2021-22 was at $418bn1
? To promote exports from India, the government has taken various initiatives that simplify the process of exports including paperless transactions and hassle-free license approvals. It has also set up many export promotion councils
and provides financial aids through incentives and schemes to enhance exports of India. For an entrepreneur who intends to start an export business
, it is important to understand the process, regulations and documentation required.