GENERAL29 Sept 2026
DGFT urges industry to turn FTAs, export schemes into actual exports
India's DGFT, the government body that looks after foreign trade, has asked industry associations to mentor exporters so market access from free trade agreements and export schemes actually turns into shipments. It affects exporters, especially in smaller states, since just 10 states make up about 85 per cent of India's exports. Industry bodies should now guide members to use district export plans and work closely with government.
Key Statutory Highlights
- Lav Agarwal urged industry associations to mentor exporters and help convert market access into actual shipments.
- He asked industry to use district export plans and work with the government on this.
- Currently, 10 states account for around 85 per cent of India's total exports, while 15 states account for around 95 per cent.
Actionable Advice for Taxpayers / Founders:If you export or plan to, check whether your district has an export plan and speak to your industry association about the free trade agreements and export schemes that fit your product. Treat this as guidance only and confirm the details with your association or the DGFT before acting.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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