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Functions of Export Promotion Councils

Export Promotion Councils (EPCs) are non-profit organizations established by the Government of India to promote and develop exports from India. They provide market research, disseminate trade information, and guide exporters based on the Foreign Trade Policy. EPCs help developing countries and small businesses increase export volumes through various promotional activities. They play an advisory role between traders and the government. EPCs also provide training and research assistance to improve industry standards. Their functions include registration of exporters, providing a forum for members, collecting and sharing trade information, and facilitating participation in international trade events.

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0% found this document useful (0 votes)
56 views30 pages

Functions of Export Promotion Councils

Export Promotion Councils (EPCs) are non-profit organizations established by the Government of India to promote and develop exports from India. They provide market research, disseminate trade information, and guide exporters based on the Foreign Trade Policy. EPCs help developing countries and small businesses increase export volumes through various promotional activities. They play an advisory role between traders and the government. EPCs also provide training and research assistance to improve industry standards. Their functions include registration of exporters, providing a forum for members, collecting and sharing trade information, and facilitating participation in international trade events.

Uploaded by

Sumer Bansal
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Role of Export Promotion Councils-

Analysis.
EXPORT Promotion Councils (EPCs)
 Export Promotion Councils are non-profit
organization, registered under the Companies Act or
the Societies Registration Act.

 Autonomous and Professional bodies.

 Providing market research in the area of foreign


trade, dissemination of information arising from its
activities relating to research and market studies.
EPCs (Contd..)
 Guided by Foreign Trade Policy.
Export Promotion and Export Development

 Developing Countries and SMEs – Find it hard


to increase their export Volumes

 Government Steps in with EPCs and various


Other measures.
Export Promotion and Development
Government can help:-
 By Providing information about the current

Opportunities in world market.

 Specialized assistance to design marketing


programs.

 Export Development is different from Export


Promotion.

 Export Development aims at producing new


markets products and markets
Contd..
 Export Development pertains to Product
Adaptation

 Necessary to widen narrow export base.

 Combination of both is pursued by the


government.

 It helps to earn Foreign Exchange.


Key – Foreign Trade Policy
Export Promotion Strategies

 Enterprise Level

 Industry Level.

 National Level.
Role of EPCs
 TRADE FACILITATOR
Undertaking direct promotional activities like organizing joint
participation in international shows, sending and hosting trade
delegations, and sustained image building exercises through
advertisements abroad, publications and audio-visuals. 

 ADVISORY ROLE
Aiding interaction and understanding between the trade and the
government.

 TRAINING & RESEARCH.


It is provided to ensure that Indian industry achieves the highest
level of excellence.
Functions of EPCs
 Registration of exporters and issue of Registration-cum-
membership certificate (RCMC) under the EXIM Policy.

 Providing a forum and link between the government and


their members for consideration and implementation of
schemes for export production and marketing.
 Collection and dissemination of information primarily on
export opportunities, through various media including
newsletters, bulletins, letters, telex, fax, etc.
Functions of EPCs (Contd…)
 Sponsoring and inviting business delegations, sales teams,
study teams for exploring markets for developing export.
 Arranging distribution or disbursement of raw-materials
(inputs), marketing assistance, like IPRS for engineering
goods exports, or allocation of scarce items for export
production.
 Fixation of floor price or minimum export price or
recommendation thereof to the government.
 Arranging or participating in buyer seller meets, exports or
trade fairs and exhibitions in India and abroad.
Functions of EPCs (Contd..)
 Foreign publicity through schemes like Joint
Foreign publicity (JFP) in overseas market.

 Recommending the formulation and


implementation of export assistance schemes like
fixation of drawback rates.

 Any other issue covering production and


marketing of products under their purview.

 Allocation of export quota or slips for items like


textiles.
EPCs
Export Promotion Organizations and Institutions can
broadly be classified into the following categories:

 Government Departments
 Export Promotion Councils / Commodity Boards
 Service Institutions
 Inspection Agencies
 Export Corporations.
Export Promotion Councils
Under the Commerce Ministry-
 Engineering Export Promotion Council
 Project Exports Promotion Council of India
 Basic Chemicals, Pharmaceuticals and Cosmetics Export Promotion
Council
 Chemicals and Allied Products Export Promotion Council
 Council for Leather Exports Promotion
 Sports Goods Export Promotion Council
 Gem and Jewellery Export Promotion Council
 Shellac Export Promotion Council
 Cashew Export Promotion Council
 Plastics Export Promotion Council
 Export Promotion Council for EOUs, SEZ Units
 Pharmaceutical Export Promotion Council
Export Councils
Under the Textile Ministry-
1. Apparel Export Promotion Council
2. Carpet Export Promotion Council
3. Cotton Textile Export Promotion Council
4. Export Promotion Council for Handicrafts
5. Handloom Export Promotion Council
6. The Indian Silk Export Promotion Council
7. Synthetic & Rayon Textile Export Promotion Council
8. Wool & Woolens Export Promotion Council
9. Powerloom Development & Export Promotion
Council
Export Promotion Councils for
Services.
 Services include all the 161 tradable services
covered under The General Agreement on Trade in
Services (GATS) where payment for such services is
received in free foreign.

 The SEPC would cover all major services including


entertainment, health, tourism, education, hospital,
consultancy, legal and accountancy services
Export Councils (Contd..)
Engineering Export Promotion Council (EEPC)
 Publicity and Promoting the 'Made in India' brand
 Participation in leading Exhibitions and Trade
Fairs
 Seminars and Conferences
 Trade Delegations and Buyer-Seller Meet
 Trade Informatics Division (TID)
 Foreign Offices of the Council
 The India Engineering Center
 Export Related Services to Members
 Services to Overseas Buyers
Apex Body for Indian Exports
Prominent Schemes for EPCs – MDA
and MAI
 Under Market Access Initiative (MAI) Scheme
Financial assistance is provided for Export Promotion activities on
Focus Country and Focus Product basis.

The various Range of activities under MAI are :-

 Market studies/surveys.
 Setting up of showroom / warehouse.
 Participation in international trade fairs.
 Displays in International departmental stores.
 Publicity campaigns.
 Brand promotion.
Contd…
Under Market Development Assistance (MDA)
 Assist exporters for export promotion activities abroad
 
 Assist Export Promotion Councils (EPCs) to undertake export
promotion activities for their product(s) and commodities
 
 Assist approved organizations/trade bodies in undertaking exclusive
nonrecurring innovative activities connected with export promotion
efforts for their members 
 Assist Focus export promotion programmes in specific regions
abroad like FOCUS (LAC), Focus (Africa), Focus (CIS) and Focus
(ASEAN + 2) programmes.
Trade Promotion Programmes-
Ministry of Commerce
Trade Promotion Programmes and Schemes
 Focus: CIS(A programme for enhancing bilateral trade

between India & CIS)


 Focus: Africa(A programme for enhancing trade with the sub

Saharan African region)


 Focus: LAC(A programme for enhancing India's trade with the

Latin American Region)


 DFTP Scheme for LDC(Duty Free Tariff Preference Scheme for

Least  Developed Countries)


Analysis
Facts about Exports
For August -2010
Gem and Jewellery Exports
Handloom
The Figures show that:-
 Exports are rising and poised to grow more.

 EPCs are leading the total exports.

 Providing Hand on assistance to MSMEs

 MSMEs account for 40% of Net exports and


8% to GDP.

 26 Million MSMEs are there and it provides


employment to 60 million people.
 Economic Liberalisation has opened new front

for MSMEs
Contd…
 Reduction of Financial Gap led to the faster
growth.

 Facing the Global Market Led to the


improvement in products and processes for
MSMEs.

 Focus schemes are concentrating on


potential areas with special incentives.

 Technology Transfer.
 Apart from foreign Exchange earnings, due to

globalisation it has become a necessity to


promote exports.

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