06062023_DesignedFile_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 776.4 billion, USD 325.4 billion all-time high of USD 451 billion growing by 14.8% during with a growth rate at USD 750 billion FY 2022–23 over during FY 2022–23, 27.9% during FY 2021–22 surpassing the previous year 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 776.4 RATE 700 USD Billion 600 451.0 325.4 500 466.2 400 314.4 300 200 151.8 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)

W.e.f. April 1st, 2023, FTP 2023 was To boost domestic manufacturing and exports, several E-commerce exports launched 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 Rs 5 LAKHS include: collaboration—Exporters, of various permissions e-Certificate of Origin States, Districts, Indian under FTP based on platform proposed to  From Incentives to Tax Missions process simplification Remission and technology  Paperless authorisation Rs 10 LAKHS  Focusing on Emerging implementation redemption applications  Greater trade facilitation Areas: in FTP 2023 through technology,  Reduction in processing  In line with “Vivad se automation and continuous  E-commerce time and immediate Vishwas” initiative,  Encourages recognition process re-engineering approval of applications a special one-time of new towns through  Developing Districts as under automatic route for Amnesty Scheme to “Towns of Export Export Hubs exporters address default on export Excellence Scheme” obligations and exporters through  Streamlining of SCOMET \"Status Holder Scheme” policy 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 Steel Import Monitoring System (SIMS) Non- Coal Import Ferrous Metal Monitoring Import Monitoring System (CIMS) Paper Chip Import System Import Monitoring (NFMIMS) Monitoring System System (CHIMS) (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 CEPA during May exports in value terms, benefits labour-intensive 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 Comprehensive Economic Cooperation and Partnership trade has recorded 16% Agreement (CECPA) Tariff concessions offered to the UAE by India in products, such as Gold, Copper, Polyethylene around on a year-on-year  Signed on February 22nd, 2021 and Polypropylene will reduce the import cost basis. of inputs for the downstream labour-intensive USD 84 billion  Entered into force on April 1st, 2021 industries in 2022–23  First trade agreement signed by India with any African registering country India’s exports to the UAE have also crossed  Automatic Trigger Safeguard Mechanism (ATSM) incorporated for the first time in any FTA entered into force USD 31 billion, a multi-year high by India Automatic registration and marketing Indian exporters Enhance the authorisation within 90 days for Indian generic gain market access employment medicines that have been approved by regulators opportunities for in developed countries in the UAE and Indians in the UAE, wider access to and thereby contribute  Bilateral trade 2021–22 USD Bilateral 5 years the much larger to the growth in increased to 2019–20 690.02 trade is of CEPA Arab and African remittances back to million projected USD to rise to markets India 786.72 million USD 100 billion USD 15 billion (for goods) and (for services) 8

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) im 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 India-US Strategic and Commercial Business  Agreement on finalising market access facilitation for mangoes Dialogue (SCD) to discuss strategic trade and and pomegranates, pomegranate arils from India, and cherries investment issues  Announced private and alfalfa hay for animal feed from the US sector-led collaboration between the  13th Ministerial TPF Meeting Confederation of Indian Industry (CII) and the Washington DC January 11th, 2023 American National Washington DC September 20th and 22nd, 2015 Standards Institute  A new working group on Resilient Trade launched (ANSI) to maintain  2nd India-US SCD 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 New Delhi August 30th, 2016 industries, including inspections affecting India’s pharma exports and professional small and medium services etc.  Statement of Intent to co-host 2017 Global enterprises Entrepreneurship Summit in India was signed by both countries 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 Understanding (MoU) signed Launch of new Working Group on between India talent, innovation and US MoU includes the and inclusive growth establishment of semiconductor supply chain and innovation partnership under  An agreement was signed between India and Saudi Arabia on October 29th, 2019 to establish SPC India-US Commercial  Aims to build a long-term commitment to expand Dialogue framework mutually beneficial and multifaceted bilateral relations between the two countries US-India initiative on Critical and Emerging Technology (iCET) INDIA-SAUDI ARABIA  India business reforms and investor-friendly  India and US launched an Initiative on iCET in January 2023 to build Establishment of initiatives improved its position in Ease of Doing a trusted technology value chain partnership and make possible Strategic Partnership Business Index position from: greater cooperation in critical and emerging technologies, Council (SPC) co-development and co-production, and connectivity across innovation ecosystems 2014 142 2019 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 India-Singapore 61.6 Comprehensive 72.7 Economic Cooperation  Signed on June 29th, 2005 2013–14 Agreement (CECA) 2022–23  Second review concluded on June 1st, (Value in USD 12 2018 billion)  A Mutual Recognition Agreement (MRA) 5.2 on Nursing was signed to facilitate the 8.2 movement of nursing professionals between India and Singapore 5.9 9.1  7 nursing institutions of India were approved by Singapore under MRA Canada Mexico USA NAFTA

49 INDIA-KOREA RP Expansion of  Negotiations for upgradation of INDIA-CHILE Preferential IKCEPA (signed on August 7th, 2009) commenced in 2016 with a view to achieve qualitative and Trade Agreement (PTA) quantitative increase in trade. Since then, 9 rounds INDIA-CHINA pharma drugs registered of negotiations have been held  Signed on March 8th , with Chinese regulatory 2006 covering 178 Tariff  Two sides had agreed \"in-principle\" in 2018 on an Lines from Indian side 6 authorities during 2018–23 \"Early Harvest Package\" (EHP) in Goods, Rules and 296 Tariff Lines from for exports to China, as of Origin and Services, subject to each country’s Chilean side protocols to promote exports domestic approval procedures from India to China signed in compared to 20 drugs prior  Expanded on May 16th , 2017, the to this period (2018)  India-Korea bilateral trade has crossed USD 25 lines have been increased to 1,034 billion and recorded USD 27.74 billion in 2022–23 and 1,798 respectively 2015, 2018 and 2019 (rapeseed/  MoU on India-Korea Future Strategy Group signed rice/fishmeal/fish oil/tobacco/ on July 9th, 2018 to enhance cooperation in the field of Applied Science and Industrial Technology to chilli meal/consultative promote sustainable development and to enhance  India’s exports to Chile have the quality of life mechanism for trade increased by 73% from  MOU signed between India and Korea to promote negotiations) collaboration among Startups, and to set up a Korea FY 2017 USD 674 million Startup Centre (KSC) in India to commercialise ideas, FY 2023 USD 1.17 billion technologies and designs of Startup companies INDIA-JAPAN  India-Japan bilateral trade has crossed USD 20 and the 2022–23 was 16.3 INDIA-ECUADOR billion total USD 21.96 22 milestone trade in Joint Economic and Trade billion (Value in USD billion) Committee (JETCO)  Access to the Japanese market has 16.7  Signed on October 9th , been obtained for key agricultural 27.7 2015 products of India (Value in USD billion)  Ecuador is the 7th largest  Agreement between two sides to allow 2013–14 2022–23 13 trading partner of India in LAC fish surimi products of India with non- Region originating additives to be considered as Korean Startup companies an originating product, allowing exports to have started working with  India's total trade with Ecuador in Japan under preferential tariff FY 2023 stood at USD 1.42 billion the centre. Accelerators and venture capital 2013–14 2022–23 support is being given by the Indian side  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 IV (Fair 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 DoC is the Nodal Department India for Trade and Investment assumed Working Group (TIWG) G20 Presidency on December Mandate of TIWG is to facilitate 1st, 2022 cooperation on issues pertaining to trade and investment 4 priority issues discussed during 1st TIWG were: 1st G20 Prosperity Through TIWG meeting, Inclusive Trade and held in Mumbai Sustainable Development from March Trade and Resilient 28th−30th, Global Value Chains 2023 Integrating MSMEs into Global Trade Over 100 delegates from G20 Efficient Logistics for member countries, invitee Trade 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 December The General Council The 10th Ministerial Conference Informal Ministerial Ministerial Conference 7th, 2013, at the 9th (GC) of WTO on (MC10) of WTO (December 15th−19th, Meeting of WTO, of Developing Countries, Ministerial Conference 2015, Nairobi, Kenya) decided that held in New Delhi on (MC9) of WTO at Bali, November 27th, 2014 Members shall constructively engage held in New Delhi on March 13th and 14th, 2019 Indonesia, advanced a ‘Peace reaffirmed the Bali in making concerted efforts towards March 19th and 20th, Clause’ (until a permanent Ministerial Decision agreeing and adopting a permanent The Outcome document solution is found) to protect solution on the issue of PSH for 2018 stated a coordinated developing members’ food security purposes in dedicated position of the public stockholding (PSH) sessions of Committee on Agriculture- India demonstrated participating members on programmes from legal Special Sessions (CoA-SS) in an its belief in the important matters, such challenge at WTO accelerated time-frame as WTO reform, Special 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 at the WTO reforms in 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 from the EU and Brazil, both on various WTO bodies the procedural modalities and objectives of the EU-Brazil Proposal In 2016, India IonSisndespiSuateeedpometfcebaimdecerbhd1ei6ertvtoh1i,5nc2tgoh0,-a22s0p1P,o2ewn1r.mhsHeoaorrnentiehn’bneTlteGrSaC-od3IlM3eutMppiroaionnrpitsooictnseiparPsalSotaHengdrf“eoiPnerudGfbot-lo3oicd3sSeVsteeoirkcctuukarahnitloyoMldupitiunncrigosptmfoeosrereiaoFslonaMottdehMeeSCtmei1nc2agunroidtnya”t,ed 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 US on some steel products sector. The dispute domestic support exported from India settlement panel ruled (September 14th, 2021), reiterated our 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 the WTO norms and required the US to amend its Anti- Measurement of Support (AMS) subsidy law suitably 19 entitlements beyond the de minimis by the members

Ratification of the Trade 12th Ministerial Conference (MC12), held in Geneva, Switzerland Facilitation Agreement (TFA) from June 12th−17th, 2022 in April 2016  India participated constructively in the negotiations in all areas on agenda, The including agriculture, fisheries, WTO Category 'A' response to the Covid-19 pandemic commitments were and future pandemics, TRIPS waiver, implemented at the time of Moratorium on E-Commerce, and WTO entry into force and category ‘B’ reform commitments were to be implemented by February 2022.  The Agreement on Fisheries However, India implemented these commitments well in Subsidies (AoFS)—a major historic time before the date for implementation achievement, was adopted at the Conference, which meets the Sustainable India Development Goal 14.6 mandate for WTO has been an active participant in  India supported proposals aimed at the SPS & TBT Committee prohibiting certain types of subsidies meetings at WTO to safeguard while ensuring that our policy space and and advance India’s interest. India interests are not compromised, as fisheries in the last 9 years has raised 49, are global public commons and should be supported 8 and responded to 63 shared equitably across all nations and Specific Trade Concerns in the generations SPS and TBT Committee meetings India submitted a Room Document on the Mission LiFE initiative that was launched by Hon’ble Prime Minister in the presence of the Secretary General of the United Nations, Mr António Guterres, on October 22nd, 2022 in Kevadia, Gujarat 20

TRIPS Waiver: Ministerial council adopted TRIPS waiver proposal, which was jointly proposed by India and South Africa. 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 has been accepted India led a global deal on vaccines, which may improve the accessibility, availability and affordability of poor and developing countries to better vaccines SPS Declaration: The Members adopted an SPS Declaration on responding to challenges that may significantly impact international trade in food, animals and plants. India is actively engaged in the SPS Declaration meetings enunciating on five thematic group papers for optimising the SPS Agreement to deal with modern international concerns along with safeguarding and furthering India’s interest 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 23.9% 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 with a share of 15% in the world Lab-grown Diamond Proposal to establish Centre Rs 242.96 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 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 Spices (USD 3952.60 million) was exports crossed  Codex Committee on Spices and Culinary exported during 2022–23 the landmark of Herbs (CCSCH), set up with India's initiative registering an increase of and chaired by India, has strengthened India's USD leadership in the global spice sector 4.70% in rupee 4 billion compared to 2021–22 in 2020−21 and 2021–22  Established Spice Parks Rajasthan Uttar at Chhindwara and Guna Pradesh 27 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 USD 50 billion participation in international trade fairs (London Wine Fair 2022, Floriade Expo mark in Agri exports 2022, Biofach 2022, Mango Festival in 2022−23 2022, Gulfood 2023) Agricultural and Processed  Promotion of GI tagged, indigenous Food Products Export and ethnic Agri products aligned with Development Authority Hon’ble PM’s call for “Vocal for Local” (APEDA) has more than and “Atmanirbhar Bharat” 50%  1st ever Agriculture Export Policy (AEP) announced to double agricultural in India’s total Agri exports exports in 2022−23  New sea port for rice export activated in 28 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  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 farms and hatcheries that feature superior aquaculture practices 2014–15 Processing units  Lab on Wheel 2022–23 increased from 385 in 2014–15 to 625 in 2022–23, and registered by MPEDA, India's The export of marine products, which was a growth of first sophisticated 4th POSITION USD 5.51 billion in 2014–15 increased Mobile Aquaculture 2022 to an all-time high of 62% USD 8.08 billion in 2022–23 Disease Diagnostics 8th in Laboratory 2014−15 POSITION  RT-PCR, water 2014 countries import quality parameters  India rose to 4th and microbiology position in global 125 Indian seafood in 105 testing being carried seafood trade in within 3 hours at 2022, as compared to 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  10,481 tariff lines supported under covered under small country in the world… why MEIS RoDTEP should each district not think of becoming an export hub?...  Rs 1,50,000 crores export incentive  Rs 15,070 crores under MEIS in 69 months between April is the total budget Each of our districts has a diverse 2015 and December 2020, and which for 2023−24 identity and potential for global benefited over 48,000 exporters market RoDTEP, a new WTO compatible scheme Hon’ble Prime Minister was introduced on January 1st, 2021 to neutralise taxes and duties suffered on Shri Narendra Modi exported goods that were otherwise not (Independence Day Speech 2019) credited, remitted or refunded 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 (TIES) Assistance provided to:  Commodities Boards provides assistance in the form of grant-in- Central government (Coffee Board, Spices aid upto the matching equity put in by the agencies Board) implementing agency in the total project cost to set up or to upgrade export infrastructure Export Promotion  SEZ Authorities and Councils Apex Trade Bodies 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) 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)  GeM has created a marketplace for over 32 lakh products onboarded in GeM in over 11,700 product categories, and 2.8 lakh services 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