India’s country's exports are expected to reach USD 290 billion by the end of this financial year1! This data shows the growing amount of scope for exporters from India to start their export businesses. What’s interesting to note is that this is a two-way chain: While the demand for ‘Made in India’ products is growing globally, exporters are also identifying this trend and using this opportunity to expand their businesses.
To support and assist thousands of such exporters, the Federation of Indian Export Organisations (FIEO) was established. Set up by the Ministry of Commerce, this is a dedicated body to supervise and promote exports in the country.
For an entrepreneur looking to expand globally, reduce costs, and tap a larger market, exports through ecommerce are not just a viable medium but also hassle-free. Understanding this growing opportunity, the organization has also encouraged exporters to opt for ecommerce exports that can be done from anywhere, anytime in India. Setting up an export business is easy. In this blog, we'll help you understand the import export policy, export licence of India and schemes that can benefit your businesses.