The import-export industry is thriving in India. Today, thousands of exporters are exporting their high-quality products to new international markets, putting India on the global map as a major export destination. Did you know that merchandise exports from India
touched an all-time high of $417.8 billion in 2021-221
Starting an import-export business
involves strategic planning and the requirement of various licenses and documentation
. An IEC certificate or Import-Export Code certificate is one of the most crucial import-export documents that allows exporters to explore opportunities in new global marketplaces. No individual or business can ship or import products to and from overseas without an IEC, unless they are exempted under special conditions. Once applied and issued by the Directorate General of Foreign Trade (DGFT)
, importers and exporters can download their IEC certificate online from the DGFT website.