05062023_DesigneFile_9YearsBooklet

Achievements of the YEARS Department of Commerce 2023 Ministry of Commerce and Industry Government of India 2014 2016 2018 2020

WE ARE AIMING HIGH, WE ARE ACHIEVING HIGHER Treading ahead on the path of development, India will have to augment both its manufacturing and exports Hon’ble Prime Minister Shri Narendra Modi

CONTENT 04 YEARS ACHIEVEMENTS ROBUST EXPORT PERFORMANCE 36 05 TRADE FACILITATION INITIATIVES TRADE POLICY INITIATIVES 40 08 OPEN AND TRANSPARENT PROCUREMENT THROUGH GeM STRENGTHENING CRITICAL PARTNERSHIPS 22 EXPORT PROMOTION INITIATIVES

ROBUST EXPORT PERFORMANCE In the 75th year of Overall exports recorded an Merchandise exports Services exports set a new independence, overall all-time high of have registered highest record annual value of ever annual exports of exports crossed an USD 775.9 billion, USD 325.4 billion all-time high of USD 450.4 billion growing by 14.7% during with a growth rate by USD 750 billion FY 2022–23 over during FY 2022–23, 27.9% during FY 2021–22 surpassing the previous years record exports of FY 2022–23 over FY Overall exports crossed half-trillion dollar mark for the first time 2021–22 USD 422.0 billion in 2018–19 and achieved a total of USD 538.1 billion, surpassing the exports of USD 466.2 billion in 2013–14 14.7% 800 Best Ever Export Performance GROWTH 775.9 RATE 700 USD Billion 600 450.4 325.4 500 466.2 400 314.41 300 200 151.8 2017–18 27.9% 100 GROWTH 0 RATE 2013–14 2014–15 2015–16 2016–17 2018–19 2019–20 2020–21 2021–22 2022–23 Merchandise Exports Services Exports Overall Exports 4

TRADE POLICY INITIATIVES Mid-term Review of FTP 2015–20 was unveiled on On April 1st, 2015, the Foreign Trade December 5th, 2017  Corresponding changes Policy (FTP) 2015–20 was were made in FTP after the launch of GST on July unveiled 1st, 2017 Measures to boost domestic manufacturing and export of defense and hi-tech items Two major focus FTP led to the areas of FTP were: introduction of:  Duty Free Import  Trade facilitation Authorisation Scheme  Ease of doing business (DFIA) FTP led to the 5 consolidation of incentive schemes under:  Merchandise Exports from India Scheme (MEIS)  Service Exports from India Scheme (SEIS)

On April 1st, 2023, FTP 2023 was launched To boost domestic manufacturing and exports, several E-commerce exports ease of doing business measures were implemented through courier has Highlights been raised from of FTP 2023  Export promotion through  Automatic approval  Revamp of the include: collaboration—Exporters, of various permissions e-Certificate of Origin Rs 5 LAKHS States, Districts, Indian under FTP based on platform proposed  From Incentives to Tax Missions process simplification to Remission and technology  Paperless authorisation  Focusing on Emerging implementation redemption applications Rs 10 LAKHS  Greater trade facilitation Areas: through technology,  Reduction in processing  In line with “Vivad se in FTP 2023 automation and continuous  E-commerce time and immediate Vishwas” initiative, process re-engineering approval of applications a special one-time  Encourages recognition  Developing Districts as under automatic route for Amnesty Scheme to of new towns through Export Hubs exporters address default on export “Towns of Export obligations Excellence Scheme”  Streamlining of SCOMET and exporters through policy \"Status Holder Scheme” 6

Internationalisation of Trade Import Policy in Indian Rupee (Rs ) Import International FTP was Monitoring Trade Settlement, amended System(IMS) has such as invoicing, to allow: Granting of exports been implemented to monitor imports payment, and benefits and and obtain statistical settlement of fulfillment of Export data on imports exports and Obligation for export entering India imports in Rs realisations made For effective in Rs as per the RBI policy interventions guidelines in sectors with unnecessary imports, Framework for any partner country seeking to undertake following IMS have been introduced: trade with India in Rs Chip Import Monitoring System (CHIMS) Non- Paper Coal Import Steel Import Ferrous Metal Import Monitoring Monitoring Import Monitoring System (CIMS) System Monitoring (SIMS) System System (NFMIMS) (PIMS) 7

STRENGTHENING INDIA-UAE CRITICAL PARTNERSHIPS Comprehensive Economic Partnership Agreement (CEPA) Bilateral Signed on Engagements February 18th, 2022 Entered into force on May 1st, 2022 UAE has eliminated duties on 97.4% of its tariff Certificates of Origin (COOs) issued under CEPA lines corresponding to 99% of imports from have witnessed a significant jump, increasing from India. Immediate duty elimination on over 80% 415 in May 2022 to 8,440 in March 2023. Over of its tariff lines corresponding to 90% of India’s 54,000 COOs were issued under the CEPA during exports in value terms, benefits labour-intensive May 2022–March 23 period industries/sectors. Further, in the services INDIA-MAURITIUS domain, UAE has offered broader and deeper Bilateral an increase of commitments in 111 sub-sectors to India merchandise trade Comprehensive Economic Cooperation and Partnership 16% Agreement (CECPA) Tariff concessions offered to the UAE by India has recorded around in products, such as Gold, Copper, Polyethylene on a year-on-year  Signed on February 22nd, 2021 and Polypropylene will reduce the import cost USD 84 billion basis. of inputs for the downstream labour-intensive  Entered into force on April 1st, 2021 industries for the full FY  First trade agreement signed by India with any African Automatic registration and marketing 2022–23 registering country authorisation within 90 days for Indian generic medicines that have been approved by regulators India’s exports to the UAE have also crossed  Automatic Trigger Safeguard Mechanism (ATSM) has been in developed countries incorporated for the first time in any Free Trade Agreement USD 31 billion, a multi-year high entered into force by India Indian exporters Enhance the  Bilateral trade 2021–22 USD Bilateral USD 15 billion gain market access employment increased to 2019–20 690.02 trade is opportunities for million projected USD 100 billion (for services) within in the UAE and Indians in the UAE, USD to rise to (for goods) and 5 years of CEPA wider access to and thereby contribute 786.72 the much larger to the growth in million Arab and African remittances back to 8 markets India

INDIA-UK Free Trade Agreement  India-UK FTA negotiations were launched on January 13th, 2022 One of the most comprehensive FTA India is negotiating till date 26 chapters are under negotiations Important FTA with one of the most prominent G7 countries 9 Rounds of negotiations held till April 2023 Investment is being negotiated as a separate Bilateral Investment Treaty (BIT) Both sides are engaged with the aim to conclude comprehensive, mutually beneficial and balanced FTA at the earliest Economic Cooperation INDIA-AUSTRALIA INDIA-CANADA and Trade Agreement  Signed on April 2nd, 2022 Annual Ministerial Dialogue (Ind-Aus ECTA)  Came into force on December  5th Dialogue on trade and investment, held on March 11th, 2022 in 29th, 2022 New Delhi, after a gap of 5 years  Creation of job opportunities in  Relaunch of India-Canada Comprehensive Economic Partnership India and Australia Agreement (CEPA) negotiations were agreed upon by both the Ministers Boost bilateral Total bilateral trade is Market access and trade and expected to cross co-operative mechanism  Both sides agreed to consider an interim agreement or Early Progress Trade Agreement (EPTA) remittance flows USD 45 to 50 billion for resolution of trade to India in 5 years from the issues Re-launch of INDIA-CANADA Early Progress Trade existing USD 31 billion Agreement (EPTA)/CEPA Negotiations  Relaunch of CEPA negotiations in March 2022  7 rounds of negotiations have already been completed  7th round of negotiations, held in Ottawa from April 3rd – 6th, 2023 To liberalise To increase trade in goods, bilateral trade and investment services and investments flows 9

INDIA-EU FTA  Relaunched in June 2022 after a gap of 9 years 4 rounds of negotiations held so far, in June, September, and November-December 2022, and March 2023  5th round of negotiations to be held in India in June 2023 INDIA-ISRAEL Free Trade Agreement  9 rounds of negotiations held so far  9th round was held in Jerusalem, Israel from February 19th–20th, 2018  Announcement of resumption of India-Israel FTA negotiations in October 2021  Preliminary virtual meeting was held between two sides in December 2021 on the way forward on the India-Israel FTA INDIA-US Relaunch of Trade Policy Forum (TPF) Trade and Commerce Engagement  12th India-US TPF Meeting  Launched a joint work New Delhi November 23rd, 2021 stream on Ease of Doing  2nd India-US SCD Business  Agreement on finalising market access facilitation for mangoes and pomegranates, pomegranate arils from India, and cherries  Announced private and alfalfa hay for animal feed from the US sector-led collaboration between the  13th Ministerial TPF Meeting Confederation of Indian New Delhi August 30th, 2016 Industry (CII) and the Washington DC January 11th, 2023 American National  Statement of Intent to co-host 2017 Global Standards Institute  A new working group on Resilient Trade launched Entrepreneurship Summit in India was signed (ANSI) to maintain by both countries and update portal with  Progress was noted in various issues of India’s interest, such information helpful for as market access for export of wild caught shrimp, USFDA India-US Strategic and Commercial industries, including inspections affecting India’s pharma exports and professional Dialogue (SCD) to discuss strategic trade and small and medium services etc. investment issues enterprises Washington DC September 20th and 22nd, 2015 10

Relaunch of India-US Commercial Dialogue  5th India-US Commercial Dialogue New Delhi March 10th, 2023 Surpassed Bilateral goods and services USD 191 trade doubled billion since 2014 in 2022 Memorandum of MoU includes the  An agreement was signed between India and Saudi Understanding establishment of Arabia on October 29th, 2019 to establish SPC (MoU) signed semiconductor supply between India chain and innovation  Aims to build a long-term commitment to expand partnership under mutually beneficial and multifaceted bilateral and US India-US Commercial relations between the two countries Dialogue framework Launch of new  India business reforms and investor-friendly Working Group on initiatives improved its position in Ease of Doing talent, innovation Business Index position from and inclusive growth US-India initiative on Critical and Emerging Technology (iCET) INDIA-SAUDI ARABIA 2014 142 2019  India and US launched an Initiative on iCET in January 2023 to build Establishment a trusted technology value chain partnership and make possible of Strategic greater cooperation in critical and emerging technologies, Partnership co-development and co-production, and connectivity across Council (SPC) innovation ecosystems 63 11

India-Mexico Bilateral High Level Group  Discussion on trade and partnership possibilities to promote investment in telecom, IT, pharmaceuticals and tourism  7th Joint Commission Meeting (JCM), held in June 2017 deliberated on trade and commercial issues under “Sub-Commission on Economic and Trade Issues” INCREASE IN 2019 128.8 BILATERAL TRADE 146 USD 9.33 2010 billion USD 1.75 billion  2 B2B MOUs signed during 5th BHLG to encourage cordial Bilateral business relationship between India and Mexico Engagements 61.6 2013-14 72.7 2022-23 India-Singapore  Signed on June 29th, 2005 5.2 Comprehensive 8.2 Economic  Second review concluded on June 1st, Cooperation 2018 5.9 9.1  A Mutual Recognition Agreement (MRA) 16.3 on Nursing was signed to facilitate the 22 movement of nursing professionals 16.7 between India and Singapore 27.7 Agreement (CECA)  7 nursing institutions of India were approved by Singapore under MRA Canada Mexico USA NAFTA Japan Korea 12

49 INDIA-KOREA RP Expansion of  Negotiations for upgradation of INDIA-CHILE Preferential IKCEPA commenced in 2016 with a view to achieve qualitative and quantitative increase in trade. Since Trade Agreement (PTA) then, 9 rounds of negotiations have been held INDIA-CHINA pharma drugs registered  Signed on March 8th , with Chinese regulatory  Two sides had agreed \"in-principle\" in 2018 on an 2006 covering 178 Tariff \"Early Harvest Package\" (EHP) in Goods, Rules Lines from Indian side 6 authorities during 2018–23 of Origin and Services, subject to each country’s and 296 Tariff Lines from for exports to China, as domestic approval procedures Chilean side protocols to promote exports from India to China signed in compared to 20 drugs prior  India-Korea bilateral trade has crossed USD 25  Expanded on May 16th , 2017, the to this period (2018) billion and recorded USD 27.74 billion in 2022–23 lines have been increased to 1,034 and 1,798 respectively 2015, 2018 and 2019 (rapeseed/  MoU on India-Korea Future Strategy Group signed on July 9th, 2018 to enhance cooperation in the field rice/fishmeal/fish oil/tobacco/ of Applied Science and Industrial Technology to promote sustainable development and to enhance chilli meal/consultative the quality of life  India’s exports to Chile have mechanism for trade  Acceptance of e-Certificate of Origin as a step increased by 73% from towards simplification of custom procedures negotiations) FY 2017 USD 674 million  MOU signed between India and Korea to promote collaboration among Startups, and to set up a Korea FY 2023 USD 1.17 billion Startup Centre (KSC) in India to commercialise ideas, INDIA-JAPAN technologies and designs of Startup companies INDIA-ECUADOR Joint  India-Japan bilateral trade has crossed 13 Economic and Trade Committee (JETCO) USD 20 and the 2022–23 was Korean Startup companies billion total USD 21.96 have started working with  Signed on October 9th , 2015 milestone trade in billion the centre. Accelerators  Ecuador is the 7th largest and venture capital trading partner of India in  Access to the Japanese market has been obtained for key LAC Region agricultural products of India support is being given by the Indian side  India’s total trade with Ecuador in  Acceptance of e-Certificate of Origin by both sides FY 2023 stood at USD 1.42 billion reduces time, cost and compliance burden for exporters of which exports were of value USD 400 million and imports were of  Agreement between two sides to allow fish surimi value USD 1.02 billion products of India with non-originating additives to be considered as an originating product, allowing exports to Japan under preferential tariff  Japan-India Startup Hub established in October 2018 131

Multilateral Engagement with Indo-Pacific Expected Capacity Engagements Economic Framework (IPEF) outcomes building and include: technical Cooperation in assistance supply chain Promotion of resilience rule-based trading system Investment in critical supply Economic cooperation chains Climate finance mobilisation  IPEF was formed in May 2022 3 rounds of IPEF negotiations held  India is a founding member of IPEF until now  The IPEF partner countries include Australia,  India hosted the special negotiating Brunei, Fiji, India, Indonesia, Japan, round for IPEF in New Delhi from Republic of Korea, Malaysia, New Zealand, February 8th–11th, 2023 Philippines, Singapore, Thailand, Vietnam and USA (14 countries as of now) 3 focus areas were:  IPEF comprises four pillars, namely Trade Pillar (Pillar I), Supply Chains (Pillar II), Clean Economy (Pillar III) and Fair Economy (Pillar IV) IPEF Pillar II  India is currently a part of Pillars II to IV (Supply Chains) IPEF Pillar III 14 (Clean Economy) IPEF Pillar III (Clean Economy)

BRICS Trade Fairs Under India’s Presidency BRICS TRADE FAIR 2016 Participation from Various States/ Ministries/Government Departments 1st BRICS Trade Fair from Virtual October 12th−14th, 2016 Trade Fair from August  An overwhelming success 16th−18th, 2021 in terms of participation by BRICS countries 15

G20 and India The Theme of G20 Presidency is “Vasudhaiva India Kutumbakam” or assumed “One Earth • One Family • One Future” G20 Presidency on December 1st, 2022 DoC is the Nodal Department 4 priority issues discussed for Trade and Investment during 1st TIWG were: Working Group (TIWG) Mandate of TIWG is to facilitate cooperation on issues pertaining to trade and investment 1st Prosperity Through G20 Inclusive Trade and TIWG meeting, Sustainable Development held in Mumbai Trade and Resilient from March Global Value Chains Integrating MSMEs 28th−30th, into Global Trade 2023 Efficient Logistics for Trade Over 100 delegates from G20 member countries, invitee countries, regional groups and international organisations deliberated on how to accelerate global trade and investment 16

The 2nd TIWG meeting, held in Bengaluru, Karnataka from May 23rd –25th, 2023 Over 75 delegates discussed the 5th Priority Issue—WTO Reform and continued discussions on key deliverables of other four priority issues discussed in 1st TIWG meeting and cross cutting deliverables Discussions on technical subjects of Note on High-Level Principles on Digitalization of Trade Documents, Note on Action Plan to Create Meta Information Portal for MSMEs, Note on Generic Framework for Mapping GVCs, Note on Compendium of Best Practices on Mutual Recognition Agreements (MRAs), and Note on G20 Regulatory Dialogue 17

India and ASEAN Finalised and endorsed the Scope of Review of ASEAN- India Trade in Goods Agreement (AITIGA) in September 2022 It Aims To: Make it more user- Make it responsive to the friendly, simple and current global and regional trade facilitative for challenges including supply businesses chain disruptions INDIA and WTO The Decision of 7th The General Council The 10th Ministerial Conference Informal Ministerial Ministerial Conference December, 2013, at 9th (GC) of WTO on (MC10) of WTO (December 15th−19th, Meeting of WTO, of Developing Countries, Ministerial Conference 2015, Nairobi, Kenya) decided held in New Delhi on (MC9)of WTO at Bali, November 27th, 2014 that Membersshall constructively held in New Delhi on March 13th and 14th, 2019 Indonesia, advanced reaffirmed the Bali engage in makingconcerted efforts March 19th and 20th, a ‘Peace Clause’ (until Ministerial Decision towards agreeing and adopting a The Outcome document a permanent solution permanent solution on the issue of 2018 stated a coordinated is found) to protect PSH for food security purposes in position of the developing members’ dedicated sessions of Committee on India demonstrated participating members on public stockholding (PSH) Agriculture-Special Sessions (CoA- its belief in the important matters such programmes from legal SS) in an accelerated timeframe as WTO reform, Special challenge at WTO gains from an open and Differential Treatment and rule-based (S&DT) provisions, etc. multilateral trading system 18

WTO Reform–Submissions at the WTO India along with other On On developing members made transparency and WTO two submissions in WTO in reforms July 2019: notifications  In November 2021, India introduced  In May 2023, India submitted a a proposal to question the proposal on incremental changes informal proposal on WTO reform to improve the functioning of the from the EU and Brazil, both on various WTO bodies the procedural modalities and objectives of the EU-Brazil Proposal In 2016, India IonSisndespiSuateeedpometfcebaimdecerbhd1ei6ertvto1hi5nc,tgo2h-0a,s22pP01oe,2nrwm1s.hoHaernorteenhinn’ebtTGlSer-ao3Cdl3IuMetpiMrpooaninproiotsinsctaeiPplrSsaoHtanegf“droPeirunefbdoGloti-c3odS3ssteVeoecicrkutkruahiatnoyllodMpuiunitnrcgpiosfotmoserereiFsaooalnoMtdtMehSeeCet1mic2nuagrniotdyna”,ted challenged a number of sub-federal level Reducing Distortions in Global India also challenged countervailing schemes of the US in Agricultural Trade—India’s proposal on (anti-subsidy) duties imposed by Renewable Energy the United States on some steel sector. The dispute domestic support products exported from India settlement panel ruled (September 14th, 2021), reiteratedour that the measures This led to important recommendations imposed by the USA position at WTO, on eliminating by the Dispute Settlement Body (DSB) were inconsistent with trade-distorting Aggregate in December, 2014 that favored India and the WTO norms required the United States to amend its Measurement of Support (AMS) Anti-subsidy law suitably 19 entitlements beyond the de minimis by the members

Ratification of the Trade Facilitation Agreement (TFA) in April 2016 The Category A commitments were implemented at the time of entry into force and catego- ry ‘B’ commitments were to be implemented by February 2022. However, India implemented these commitments well in time before the date for implementation In 12th Ministerial Conference (MC12), held in Geneva, Switzerland from October 2020, June 12th−17th, 2022 India and South Africa submitted a proposal for a  India participated constructively in the waiver from certain provisions of the negotiations in all areas on agenda, TRIPS Agreement for the prevention, including agriculture, fisheries, WTO treatment and containment of response to the Covid-19 pandemic Covid-19 to the WTO TRIPS Council. and future pandemics, TRIPS waiver, This proposal received a wide range Moratorium on E-Commerce, and WTO of support from international reform organizations, academicians and world leaders  The Agreement on Fisheries Subsidies (AoFS) — a major historic achievement, was India adopted at the Conference which meets submitted a the Sustainable Development Goal 14.6 Room Document on the mandate for the WTO Mission LiFE initiative that was launched by Hon’ble Prime  India supported proposals aimed at Minister in the presence of the prohibiting certain types of subsidies Secretary General of the United while ensuring that our policy space and Nations, Mr António Guterres, interests are not compromised, as fisheries on October 22nd, 2022 in are global public commons and should be Kevadia, Gujarat shared equitably across all nations and generations. 20

A decision on TRIPS Waiver was taken during the Conference Some of the critical demands of India that this Decision be possibly extended to Covid-19 diagnostics and therapeutics and the applicability of this Decision for five years have been accepted India, along with other 5 Members made a submission before the TRIPS Council on the implementation of the TRIPS decision that deals with extending the TRIPS decision to therapeutics and diagnostics India joined the consensus on exempting purchases made by the World Food Program (WFP) from all export restrictions, with a condition that such exemption would not affect the domestic food security as per WTO Agreements, alongside the Ministerial Declaration on the Emergency Response to Food Insecurity 21

EXPORT PROMOTION INITIATIVES Engineering Sector Largest contributor to India’s overall exports Largest foreign exchange earner with respect to merchandise goods 23.92% share in the total merchandise exports Exports grew from 107.04 billion USD 70.8 billion in 2022−23 in 2014−15 Key export  International Engineering  Indian Engineering Exhibition promotion activities Sourcing Show (IESS), (INDEE) to increase undertaken organised annually, awareness about Indian to enhance particularly for MSMEs engineering world over engineering exports include:  Creation of Export Promotion Council for Medical Devices to promote exports in medical device sector 22

Gems and Jewellery Sector India is an important hub for manufacturing and export of Lab-grown Lab-grown Diamond Estimated cost Diamond in the world. India at present has a share of 15% in the world Proposal to establish Centre Rs 242.96 Lab-grown Diamond market for Lab-grown Diamond (InCent-LGD) at IIT Madras crores over 5 years The exports of Lab-grown Diamond has increased from USD 163.37 million in 2017 to USD 1, 780.59 million in 2022 India is among the world leaders of Chemical Vapour Deposition (CVD) technology with global market share at about 40–50% Kimberly Process Certification Scheme (KPCS)  India chaired Kimberley Process for 2019  During the year 2022, an Indian delegation attended KPCS intercessional meeting, held in Kasane, Botswana from June 20th–24th, 2022 23

Plantation Sector Tea Board Plant Pan Protection India Code for Tea was e-auction platform launched in 2014 to was introduced in 2016 regulate the use of pest for better price discovery control chemicals and transparency in while growing tea tea auctions Tea To Garden Atlas facilitate based on remote setting up of mini- sensing data was tea factories by small launched in 2017 to ensure tea growers, the Tea a reliable database of Tea (Marketing) Control Gardens covering their Order was amended extent, type and in 2021 location Services under Tea Promotion and Development Scheme were made available online on the Service Plus platform for ease of access by beneficiaries 24

Coffee Board India’s coffee exports USD increased from 1146.2  Coffee Board in collaboration with Regional Remote Sensing Centre, ISRO carried out geospatial mapping USD million of coffee growing areas in 2016 to create a reliable 803.19 database of coffee plantations, and to also identify (provisional) potential areas for coffee cultivation million In 2019, 2014–15 Geographical Indication 2022–23 (GI) registration was obtained for unique regional coffees grown in Baba Budangiri Launch of web portal India is the 5th largest exporter Chikkamagaluru “Kaapi Soil Health of coffee in the world with the Coorg Management and Wayanad share of about Araku Valley Monitoring” (KSHEMAM) to provide fertiliser 5.14% recommendations for Establishment of state-of-the- coffee and inter-crops art coffee quality testing and based on soil test results export certification facilities Implementation of Coffee Krishi Indian coffee is being Taranga, an IVRS-based mobile exported to more than phone advisory service for coffee 120 countries farmers in July 2018 25

Rubber Board Project initiated in 2021 to develop rubber plantations in 200,000 Ha area of North East region in 5 years, in collaboration with Automotive Tyre Manufacturers Association  Rubber Board received the “Champion Project Implementing Agency” award under PMKVY project in 2017  1st field planting of genetically modified rubber plants in the world was done in Assam in 2021  Rubber Board launched mRube in 2022, an e-market platform for natural rubber trading to complement the existing trade system  An advanced analysis laboratory has been set up at the Rubber Research Institute of India in 2022 to help in REACH compliance testing of rubber products  Launched RUBEXT, a mobile application for streamlining extension activities of rubber board in February 2023 26

 Establishment of Saffron Production and 14,04,357 tonnes of spices/ Spices Board Export Development Agency (SPEDA) in spices products valued at Srinagar in 2015–16 Rs 31761.38 crores It crossed the (3952.60 million USD) was landmark of  Codex Committee on Spices and Culinary exported during 2022–23 Herbs (CCSCH), set up with India's initiative registering an increase of USD and chaired by India, has strengthened India's 4 billion leadership in the global spice sector 4.70% in rupee in 2020−21 and compared to 2021–22 2021–22  Established Spice Parks Rajasthan Uttar 27 at Chhindwara and Guna Pradesh in Madhya Pradesh, Puttady in Kerala, Jodhpur Madhya and Kota in Rajasthan, Pradesh Guntur in Andhra Pradesh, Sivaganga in Tamil Nadu Kerala Andhra Pradesh and Rae Bareli in Uttar Tamil Pradesh to empower spice Nadu industry by providing common infrastructure and processing facilities  SpiceXchangeIndia, a 3D virtual platform has been launched in 2022 to facilitate the export of spices

Agri Sector (APEDA) USD 22,262.8 million USD 26,717.7 million APEDA’s exports 2014–15 2022–23 India crossed  APEDA facilitated exporters to access new markets and increased their participation USD 50 billion in international trade fairs (London Wine Fair 2022, Floriade Expo 2022, Biofach mark in Agri exports 2022, Mango Festival 2022, Buyer-Seller in 2022−23 Meet for export promotion of meat and meat products and millets, Gulfood 2023, Agricultural and Processed Natural Products Expo West 2023 etc.) Food Products Export Development Authority  Promotion of GI tagged, indigenous and (APEDA) has more than ethnic Agri products aligned with Hon’ble PM’s call for “Vocal for Local” and 50% “Atmanirbhar Bharat” in India’s total Agri exports  1st ever Agriculture Export Policy (AEP) in 2022−23 announced to double agricultural exports 28  New sea port for rice export activated in Kakinada  Happy Banana Train: First banana container train with 890 million tonnes of high-quality bananas were sent from Andhra Pradesh to Jawaharlal Nehru Port (JNPT) for export to international markets in January 2020  Promotion of millets and value-added millet products, and International Year of Millets (IYoM) 2023  Global Millet (Shree Anna) exhibition was organised by APEDA from March 18th –22nd, 2023 in New Delhi. The Global Millet Conference, held on 18th March 2023 inaugurated by Hon’ble Prime Minister

Marine Sector (MPEDA) Launched SHAPHARI, a quality certification scheme to certify 2014–15 farms and hatcheries 2022–23 that feature superior Processing units aquaculture practices The export of marine products, which was increased from 385 Lab on Wheel by in 2014–15 to 625 in USD 5.51 billion in 2014–15 increased 2022–23, and registered MPEDA, India's to an all-time high of a growth of first sophisticated 4th POSITION USD 8.08 billion in 2022–23 registering Mobile Aquaculture 2022 62% CAGR of approximately 4.90% Disease Diagnostics 8th Laboratory POSITION 2014 RT-PCR, water India rose to 4th quality parameters position in global countries import in and microbiology seafood trade in 2014−15 testing being carried 2022, as compared to 125 Indian seafood in 105 within 3 hours at 8th position in 2014 farm level 2023 as compared to 29

Services Sector  India's Services Trade Balance USD 76 billion has remained positive and USD 145 billion also has been increasing over the years. Services trade 2022–23 surplus has grown 2014–15  India's share in world 3.1% 4.4% services exports has 2015 2022 increased from  Contribution of services 34% 42% exports in India's overall 2022–23 exports have grown from Services exports from India have increased from 2014–15 USD 325 5 editions of the Global Exhibition on Services billion (GES) organised since 2015 to showcase, engage and collaborate on global scale to promote USD 158 India’s services strength billion  DoC identified 2014–15 2022–23 12 Champion Services Sectors Rs 5,000 crores to be utilised under Champion Services Sector Scheme 30

Enhancing Services Trade Through Free Trade Agreements India signed FTA, including Trade in Services with: Mauritius on February 22nd, 2021 UAE on February 18th, 2022 IMPORTANT GAINS:  Commercially meaningful market access in all important sub-sectors  Full commitment in computer-related services to benefit Indian IT/ITES sector  Commitment in services, such as audio-visual, education, health, travel and tourism, nursing and accountancy  Commitment to diversify exports  To facilitate professionals and skilled workers to deliver services  Market access for business visitors, intra corporate transferee and contractual services suppliers Australia on April 2nd, 2022 IMPORTANT GAINS:  Australia commits to 135 sub-sectors, including IT, ITES, business, health, education and audio-visual  Commitment to pursue Mutual Recognition Agreements (MRAs) in professional services in 12 months  Commitment to post study work visa of 2 to 4 years for Indian students, and work and holiday visa for youth  Annual quota of 1,800 for Yoga teachers and Indian chefs  India also engaged in bilateral FTA negotiations, including Trade in Services with the UK, Canada and the EU to leverage its strengths in IT, health and professional services 31

Schemes for Export Promotion Launched in the Past 9 Years Trade 65 Infrastructure To projects granted a component of Rs 661 for Export assist central crores under TIES until the end of March 2023, Scheme government (TIES) agencies and state government agencies of which 19 projects are to create appropriate completed infrastructure for exports’ growth Scheme Rs 71 crores extended until 2025–26 with a total outlay of sanctioned for Rs 360 2022–23 crores To provide credit to the Interest Equalisation exporters at Impact competitive Scheme assessment Sectors rates eligible to get study conducted benefits under this scheme have Rs 6,606 by IIM Kashipur crores in interest stated: subvention experienced an increase in their disbursed in the Scheme average export past 2 years and has positively Rs 17863.3 crores revenue from 2015–16 to impacted India's export 2022–23 performance 32

To boost exports, 75 Districts as Export Hubs districts were identified from all (DEH) Initiative over India to provide hand holding under  Aims to channelise the potential  Products or services with export Focus@75 and diverse identity of each Indian potential identified in 734 districts district to turn them into export  Creation of Institutional mechanism Identified hubs in the form of State Export bottlenecks Promotion Committees (SEPC) at  Contributing to Atmanirbhar State/UT level and District Export to export Bharat, Vocal for Local and Make in India: Promotion Committees (DEPCs) at growth under  By providing employment district level Focus@75 opportunities to youth  By significantly increasing Preparation of State Nomination of State manufacturing and exports from Export Strategy in Nodal officers in urban areas and rural hinterland 28 states/UTs 34 states/UTs 2353

Remission of Duties  Rs 27, 900 crores Each district of our country has and Taxes on Exported support extended a potential equal to that of one Product (RoDTEP) under RoDTEP from January 2021 country, each of our districts  Earlier, over 8,000 has the capacity equal to a export items were RoDTEP, a new WTO compatible scheme was supported under introduced on January 1st, 2021 to neutralise small country in the world… why MEIS taxes and duties suffered on exported goods should each district not think that were otherwise not credited, remitted or of becoming an export hub?...  Rs 1,50,000 crores export incentive refunded under MEIS in 69 months between April Each of our districts has a diverse 2015 and December 2020, and which  Rs 15,070 crores identity and potential for global benefited over 48,000 exporters is the total budget for 2023−24 market  10,481 tariff lines Hon’ble Prime Minister covered under RoDTEP Shri Narendra Modi (Independence Day Speech 2019) RoSCTL/RoSL To boost the textile sector, over Scheme for Rs 7,620 crores were disbursed Textiles Sector under RoSCTL/RoSL Scheme 34

India Pavilion at World Expo 2020 at Dubai World Expo 2020, held in Dubai from Over 6 lakh people visited India October 1st, 2021 –March 31st, 2022 Pavilion at Dubai Expo in 83 days Azadi Ka Amrit Mahotsav (AKAM) Organised Vanijya To produce “Make in India”quality products that can Saptah from September compete globally, AKAM highlighted the steps and methods India is adopting to empower each stakeholder 20th–26th, 2021 to in the international trade ecosystem commemorate AKAM Week-long activities included:  Promotion of products from districts  Workshops to commemorate India@75  Over 550 export promotion events were organised  Launched 36 export brochures, comprising export worthy products, export schemes and export potential of the products from all states  Over 15 lakh farmers, labourers, fishermen and workers participated from across the country 35

TRADE FACILITATION INITIATIVES Trade Infrastructure Special Economic Zones Rise in Exports, Employment and Investment–SEZs Amendments Exports & Investment (Rs Crores)1400000 3500000 carried out in Special Economic 1200000 3000000 Employment (Persons) Zone Acts & Rules 1000000 2500000 800000 2000000 Exports Rs 12,36,360 600000 1500000 from SEZs crores increased 400000 from 1000000 200000 500000 Rs 4,94,077 0 0 crores 2014–15 2015–16 2016–17 2017–18 2018–19 2019–202020–212021–222022–23 # * Calculated on 2013–14 2022–23 cumulative basis. # Employment and Investment upto 31.12.22 Exports Investment* Employment*  Trade Infrastructure for Export Scheme Assistance provided to: SEZ Authorities and Apex Trade Bodies (TIES) provides assistance in the form Central government agencies of grant-in-aid upto the matching State government agencies (State equity put in by the implementing Export Promotion Councils Industrial Development Corporations, State agency in the total project cost to set Agricultural Marketing Boards and State up or to upgrade export infrastructure Commodities Boards Trade Promotion Organisations/Boards) (Coffee Board, Spices Board) 36

Trade Finance Rs 6,18,845 crores ECGC worth of exports Rs 3,238 crores supported by ECGC in infused by the 2021–22 Government of India since Introduction Supports around of a new scheme 2014–15 to strengthen ECGC's under Whole Turnover 20% Export Credit Insurance capacity for issuing covers with for Banks (WT-ECIB) to of the merchandise offer enhanced cover exports from the maximum liability of of 90% to small country Rs 64,760 crores and to support exporters Over incremental exports of around Rs 7,000 crores Rs 4,00,000 crores Covers annually export worth of claims were settled by ECGC in the transactions last 8 financial years destined for more than 200 countries of the world NEIA Trust Construction, supply of engineering goods, water 322 treatment plants, oil covers with a value of refineries, hydro power plants, power transmission Rs 31,805 crores were and distribution projects issued by NEIA Trust since were covered 2014–15 to support 37 73 Indian project exporters executing projects in 58 different countries

EASE OF DOING BUSINESS/E–GOVERNANCE Series of Key initiatives include: technology-driven solutions were E-Certificate Over 120 issuing DGFT IT System Revamp undertaken for of Origin agencies, 160 specific Ease of Doing Platform offices and over 600  Launch of website, Mobile App and Chatbot to make DGFT-related Business to give processes completely paperless, user-friendly and easy to navigate significant boost to Made live in issuing officers the foreign trade September  Boons of the new platform include: related activities of Over 20 lakh Indian enterprises 2019 E-Certificate of Origin Significant Access to Real-time monitoring and the overall reduction in real-time data of the application “Atmanirbhar issued from the interchange in status by exporters Bharat” Abhiyan e-platform till date time trade ecosystem and importers Paperless and contactless application processing  The key features of the new implementation are:  Two-way online communication and processing, e-verification of the authenticity of DGFT issued documents and authorisations  Paperless, electronic processes for managing the lifecycle of AA/ EPCG/DFIA/Import/Export Licensing  24x7 Auto-Generation of e-IEC (Importer Exporter Code)  Contact Centre and Helpdesk Services Reduction in Compliance Burden Aligned with the spirit of “Minimum Government, Maximum Governance” and “Ease of Doing Business”, DoC reviewed and amended existing rules, processes and regulations to facilitate decision-making processes 200+ burdensome compliances resolved and reduced in 2 phases 38

National Import-Export Record for Yearly Analysis of Trade (NIRYAT Portal) National Import-Export Record for Yearly Analysis of Trade (NIRYAT Portal) A real-time online monitoring system for the designated export target via a digitised data-driven framework to facilitate timely policy making/ interventions in international trade was launched by Hon'ble Prime Minister on June 23rd, 2022 COVID-19 COVID-19 Russia- and Russia- Trade Helpdesk Ukraine Trade Ukraine Trade for immediate Helpdesk was set up to support to the trade seek suitable resolutions Helpdesk community was for issues related to India’s set up on March international trade with Russia and Ukraine 26th, 2020 on February 22nd, 2022 39

OPEN AND TRANSPARENT PROCUREMENT THROUGH GeM 2,01,113 Business overview | Breaching the Rs 2 lakh crore mark in record time Strong growth trajectory... Gross Merchandise Value (GMV), Rs crores 1,06,547  6 years of GeM have transformed public procurement 422 5,876 17,462 22,989 38,573 space in India FY17 FY18 FY19 FY20 FY21 FY22 FY23  Significant strides made towards the pursuit of GeM’s three fundamental pillars: ...with contribution across buyer segments  Milestone achieved by GMV (Rs crore) GeM on March 30th, 2023 INCLUSION by registering 50 lakh Buyer Category FY20–21 FY21–22 FY22–23 transactions in a single TRANSPARENCY financial year EFFICIENCY IN PUBLIC PROCUREMENT Central Ministries 14,358 29,309 52,493  Farmer Producer CPSES 7,027 45,958 1,05,691 Organisations (FPOs)  Since its inception, GeM has created a marketplace for onboarded in GeM over 32 lakh products in over 11,700 product categories, and 2.8 lakh services are offered across 280 categories States UTS 17,188 31,280 42,929  GeM to launch AI-ML-based TOTAL  Over 67,600 government-buyer organisations are 38,573 1,06,547 2,01,113 solution to support users registered on GeM in their decision-making  GMV of more than Rs 2 lakh crores in 2022–23, Source: GM Transaction and Financed process showcasing an increase of approximately 90% compared to 2021–22 Since its inception, GeM has processed orders worth more than Rs 3.9 lakh crores 40