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New Foreign Trade Policy


  • Commerce and Industry Minister Nirmala Sitharaman unveiled the Prime Minister Narendra Modi-led government’s new Foreign Trade Policy (2015-2020).
  • The government’s new foreign trade policy (2014-19) to rev up exports is expected to be put in place by October-end and will have a strong thrust on manufacturing to bring it in sync with the Prime Minister Narendra Modi’s ‘Make in India’ goal.

Key Takeaways

  • Focus in Foreign Trade Policy is to support services and exports.
  • Have taken a number of very important initiatives.
  • Will focus on export of high value addition products.
  • Focussed on improving ease of doing business in new policy.
  • Challenge is to address infra bottlenecks, complex procedures, manufacturing.
  • Need to ensure local products and services are globally competitive.
  • Market diversification is a key focus of Foreign Trade Policy 2015-2020


In Detail

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