Boosting e-commerce exports with dedicated hubs
In a bid to boost India’s e-commerce exports, the Directorate General of Foreign Trade (DGFT) is working with the Department of Revenue to establish designated e-commerce hubs across the country to streamline the process for online export shipments.
The country’s e-commerce exports currently stand at USD 2 billion as compared to China’s staggering USD 350 billion, according to industry sources.
The government aims at bridging the gap by establishing a supportive e-commerce ecosystem, they said. “A lot of streamlining is required in this regard. We are working with the Department of Revenue to have designated e-commerce hubs so that clearance of goods happens fast,” Director General of Foreign Trade Santosh Kumar Sarangi told PTI.