Directorate General of Foreign Trade, simply known as DGFT, is an agency of the Government of India. It plays an important role in the development and implementation of foreign policy. This agency is responsible for promotion of India’s exports. If you want to find out about what DGFT is, the role of DGFT and the DGFT portal services, you’ve come to the right page.
DGFT full form is the Directorate General of Foreign Trade. Established in 1999, it is a government agency administered by the Ministry of Commerce and Industry. At present, Shri. Santosh Kumar Sarangi is serving as Director General, Directorate General of Foreign Trade.
DGFT Portal is run by the Ministry of Commerce and Industry. The concerned licensing authority for exporters, importers and export and import businesses in India is DGFT. Anyone that wants to export Indian goods must get the Import Export Code (IEC) from the DGFT portal as a mandatory requirement. All the laws related to foreign trade and foreign investment are administered by the DGFT. If you want to apply for IEC online, you can do it by visiting the DGFT portal.
The role of DGFT can be understood through the following points:
The DGFT Portal offers various services such as:
The headquarters of DGFT is located at New Delhi. It promotes India’s exports developing and executing the foreign trade policy. Through a network of 24 regional offices, the DGFT also grants scripts and DGFT certificates to exporters and oversees their accompanying obligations.
The DGFT regional offices are located at Ahmedabad, Bengaluru, Chennai, Coimbatore, Delhi, Ernakulam (Kochi), Guwahati, Hyderabad, Indore, Jaipur, Jammu, Kanpur, Kolkata, Ludhiana, Mumbai, Nagpur, Panipat, Pune, Rajkot, Srinagar, Surat, Vadodara, Varanasi, and Visakhapatnam.
The Directorate General of Foreign Trade (DGFT) plays an important role in the promotion of exports from India. It issues DGFT certificates and IEC to the exporters, so that they can do export business from India. Without receiving authorization from DGFT, one cannot run an export business. If you need assistance in applying for an IEC code, connect with Registrationwala. We’ll help you to obtain the import export code from DGFT in a smooth and hassle-free way!
Hey there, I'm Dushyant Sharma. With the extensive knowledge I've gained in past 8 years, I have been creating content on various subjects such as banking, insurance, telecom, and all the important registration and licensing processes for various companies. I'm here to help everyone with my expertise in these areas through my articles.