Districts as Export Hubs Initiative: FTP 2023-28

The Foreign Trade Policy (FTP) 2023-28 of India has set the goal to boost India’s foreign trade through decentralized export promotion. One of the strategies outlined in the policy is the creation of Districts as Export Hubs Initiative. This initiative aims to identify potential export products and services in all districts and create institutional mechanisms to promote them.

Districts as Export Hubs Initiative: FTP 2023-28

Strategies to Promote District-level Exports

To achieve the goal of boosting exports through decentralized promotion, the following strategies have been proposed under the Districts as Export Hubs Initiative:

1. Increase awareness and commitment to exports at district level

The first step towards promoting exports at the district level is to increase awareness and commitment to exports. This can be achieved through awareness campaigns and capacity building programs to educate and encourage entrepreneurs and small businesses about the benefits of exports.

2. Identify products/services in all districts

The initiative aims to identify potential export products and services in all districts. This will be done through a comprehensive mapping exercise, which will involve identifying the strengths and capabilities of each district.

3. Create institutional mechanisms at state and district level for export strategy

To implement the export strategy at the district level, the policy proposes the creation of State Export Promotion Committee (SEPC) and District Export Promotion Committee (DEPC). These committees will be responsible for identifying export opportunities and creating export promotion plans for their respective areas.

4. Prepare District Export Action Plans (DEAPs) to promote identified products and services

The DEAPs will be prepared for each district, which will provide a detailed roadmap for promoting the identified products and services for exports. These plans will outline the marketing, branding, and packaging strategies to be adopted for each product and service.

5. Build capacity for new exporters and identify new markets

The initiative aims to build the capacity of new exporters and identify new markets for the identified products and services. This will be done through training, handholding, and outreach programs, which will provide the necessary skills and knowledge to entrepreneurs and small businesses to expand their export capabilities.

6. Work with Regional Authorities of DGFT and States/UTs to prepare district-specific Export Plans

The Regional Authorities of DGFT and States/UTs will work with SEPCs and DEPCs to prepare district-specific Export Plans. These plans will be aligned with the national export strategy and will provide a roadmap for the development of the export ecosystem in each district.

7. Conduct export promotion outreach programs in districts to focus on branding, packaging, design, and marketing

To promote the identified products and services for exports, the initiative proposes the conduct of export promotion outreach programs in districts. These programs will focus on branding, packaging, design, and marketing of the products and services.

8. Address infrastructure and logistics bottlenecks impeding exports at district level

The initiative aims to address infrastructure and logistics bottlenecks that are impeding exports at the district level. This will be done by developing logistics, testing facilities, and connectivity for exports.

9. Focus on the development of logistics, testing facilities, connectivity for exports, and other export-oriented ecosystem

The policy proposes focusing on the development of logistics, testing facilities, connectivity for exports, and other export-oriented ecosystems to create an enabling environment for exports.

10. Converge ongoing schemes to support these initiatives

Finally, to support these initiatives, ongoing schemes will be converged. This will ensure that the initiatives are well-funded and implemented effectively.

Conclusion

The Districts as Export Hubs Initiative proposed under the FTP 2023-28 aims to boost India’s foreign trade through decentralized export promotion. The initiative proposes various¬†strategies such as creating institutional mechanisms, identifying potential export products, building capacity for new exporters, conducting export promotion outreach programs, addressing infrastructure and logistics bottlenecks, and converging ongoing schemes to support these initiatives.

The implementation of these strategies is expected to create an enabling environment for exports at the district level, which will lead to increased foreign trade and economic growth for India. It is hoped that the initiative will encourage entrepreneurs and small businesses to explore the potential of exports, thereby contributing to the overall growth of the Indian economy.

In conclusion, the Districts as Export Hubs Initiative is a step in the right direction towards achieving the goal of boosting India’s foreign trade through decentralized export promotion. It is important that the initiative is implemented effectively to realize its potential in promoting exports and driving economic growth in India.

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Key Highlights: India’s Foreign Trade Policy (FTP) 2023-28

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