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At an occasion organised by the Federation of Indian Export Organisations (FIEO), DGFT Santosh Kumar Sarangi stated that some purposes are pending and are being scrutinised.
The federal government has allowed wheat shipments for which irrevocable letters of credit score (L/C) had been issued on or earlier than Could 13, when the ban of the export of the foodgrain was imposed.
Exporters having legitimate L/Cs must register with the regional authorities of the DGFT to acquire registration of contracts to ship their consignments.
FIEO together with GlobalLinker has designed and developed the “Indian Enterprise Portal”, an Worldwide Commerce Hub for Indian Exporters and Overseas Patrons. The B2B digital market seeks to empower SME exporters, artisans and farmers to establish new markets for his or her merchandise and develop their gross sales globally.
It’s going to digitise Indian exporters and assist them grow to be discoverable on-line, promote exports from all Indian states, showcase India’s power in a variety of services, and supply a trusted community of Indian exporters to Overseas Patrons.
