Export Promotion Councils (EPCs) and their role in promotion of exports.

Export Promotion Councils

Export Promotion Councils (EPCs) are the Government Authorities which promote exports from India and support export firms. EPCs are playing important role in Indian Trade.

Functionalities of EPCs:-

  • Finding buyers for exporters,
  • Understanding Markets,
  • Accessing subsidies and incentives,
  • Act as an intermediary between the Government and the export industry,
  • Help in formulating the foreign trade policies of the country.

Export Promotion councils are registered as non- profit organizations under the Companies Act/Societies registration Act.

They perform advisory and executive functions. Encourage Export Industry to meet International standard of trade. Each Product type has it’s own Export Promotion Council, Exporter should take the membership in any export promotion council as per their line of product.

Role Played by Export Promotion Council of India:-

  1. EPCs are providing the information to the exporters and its members in increasing exports
  2. Aware the exporters about the Government schemes and benefits under these schemes they can avail like there is MEIS Scheme under which goods exporters can avail the benefits of 2% – 5% sometimes 7% on eligible exports in the form of Duty Credit Scrip which is transferable in nature and can be used in the payment of custom duties.
  3. Collect the data of Import-Export of its members to build a statistical base to compare industry growth.
  4. Organise trade delegations to explore opportunities to export products in other countries.
  5. Give advice to their members related to technology, quality control, standards and specifications etc.
  6. Organise the following to promote export business –
  7. Trade fairs
  8. Seminars
  9. Exhibitions
  10. Meets between buyers and sellers

Benefits of becoming member of Export Promotion Councils

  • After registration members are granted Registration cum membership certificate (RCMC).
  • RCMC helps to avail the benefits under foreign trade policies.
  • To stay updated on recent modifications changes done in foreign trade policies by informational events and activities conducted by EPCs like Government replaced MEIS Scheme with

RoDTEP Scheme which will implemented phase wise in the coming few months.

Registration in Export Promotion Councils:-

  • Exporters need to apply to the appropriate Export promotion schemes as per their products example apparel exporter has to register with AEPC.
  • After Acceptance exporters will receive his RCMC.

Documents required for registering under Export Promotion councils:-

  • Import-Export Code (IEC)
  • Digital signature Certificate (wherever required)
  • Certificate from chartered accountant, certifying the export turnover
  • List of Directors/Partners with address details
  • MSME(If available)

Export Promotion councils are taking the fees for registration, which can be checked on their individual portals.

Types of Memberships:-

  • Lifetime Membership
  • Corporate Membership
  • Individual ordinary Membership

Federation of Indian Export Organisations (FIEO):-

Ministry of commerce set up the FIEO in 1965 it’s head office is in Delhi have regional offices are across the India it has 20,000.

Pro – Tips

Be aware about the uses of RCMC

For multi items registration can be done in FIEO

Name of councilAbbreviationProducts
Agricultural and Processed Food Products Export Development Authority  APEDA  Agricultural Products & Processed Foods  
Basic Chemicals Pharmaceuticals & Cosmetic Export Promotion Council  CHEMEXCILChemicals, Pharmaceuticals, and Cosmetics  
Apparel Export Promotion Council  AEPCApparel  
Carpet Export Promotion Council (CEPC)  CEPCCarpets  
Cashew Export Promotion Council of India  CEPCICashews  
Coffee Board  Coffee BoardCoffee  
Chemicals and Allied Products Export Promotion Council  CEPEXILChemicals  
Coir Board  Coir BoardCoir Products  
Cotton Textiles Export Promotion Council  TEXPROCILCotton and Cotton Goods  
Engineering Exports Promotion Council  EEPCEngineering Goods  
Council for Leather Exports  CLELeather & Leather Goods  
Electronics & Computer Software Export Promotion Council  ESCComputer Software  
Export Promotion Council for Handicrafts  EPCHHandicrafts/Handicraft Goods  
Gem & Jewellery Export Promotion Council  GJEPCGems & Jewellery  
Handloom Export Promotion Council  HEPCCotton Handloom Fabrics/Home Textiles/Garment Accessories  
Indian Silk Export Promotion Council  ISEPCSilk & Silk Goods  
Jute Manufacturers Development Council  JMDCJute Goods  
Marine Products Export Development Authority  MPEDAMarine Goods  
Project Exports Promotion Council of India  PEPCCivil & Engineering Projects  
Plastics Export Promotion Council  PLEXCONCILPlastic & Plastic Goods  
Powerloom Development & Export Promotion Council  PDEXCILPowerloom Fabrics & Made-ups  
Pharmaceutical Export Promotion Council  PHARMEXCILPharma Products  
Rubber Board  Rubber Board  Rubber & Rubber Goods  
Services Export Promotion Council  SEPCServices  
Spices Board  Spices Board  Spices & Condiments  
Sports Goods Export Promotion Counil  SGEPC  Sports Goods  
Synthetic & Rayon Textiles Export Promotion COuncil  SRTEPCSynthetic Fabric & Madeups  
Tea Board  Tea Board  Tea  
Wool & Woolen Exports Promotion Council  WWEPC
Wool & Woollens  
Tobacco Board  Tobacco Board  Tobacco and tobacco goods  
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