Directorate General of Foreign Trade (DGFT)

DGFT was setup in 1950, but was earlier known as Chief Controller of Imports & Exports.

• The agency is headquartered in New Delhi and functions under Department of Commerce, Ministry of Commerce and Industry.

Functions and Responsibilities of DGFT

• The agency is responsible for formulating and implementing the Foreign Trade Policy with the objective of promoting India’s exports.
• DGFT is the licensing authority for exporters, importers and export and import business.
• The agency grants 10 digit IEC (Importer Exporter Code), which is a primary requirement for Import and Export
• The regional office of DGFT provides facilitation to exporters regarding recent developments in the ....