View: New foreign trade policy is an opportunity for MSMEs to leverage e-commerce for their growth
Infrastructure improvement needs a serious bump-up through an efficient network of logistics, warehouses, facilities at port, quality testing labs and certification centres.
Synopsis
India’s 2021-26 foreign trade policy (FTP), currently under formulation, is likely to be released on April 1. The earlier FTP that was due to end in March 2020 was extended till March this year due to Covid-19.
India’s 2021-26 foreign trade policy (FTP), currently under formulation, is likely to be released on April 1. The earlier FTP that was due to end in March 2020 was extended till March this year due to Covid-19.
The new FTP may provide India an historic opportunity to plug in its MSMEs into a vibrant export-oriented growth through ecommerce, a proper regulatory architecture and robust logistics support.
According to GoI, the goal will be to
BY
Dhanendra Kumar
ET CONTRIBUTORS
5 mins read
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