Since 1951, the Government of India has started a number of institutions to assist the export trade sector. Such institutional agencies provide organizational support to exporters. However, they do not participate directly in export trade. They only help exporters in finding out suitable markets guide them through suitable information about foreign markets and inform them about government policies and incentives offered.

Advertisement

 

Foreign trade organization for export promotion indirectly helps Indian exporters in their export promotion efforts. For example, they provide information and guidance to exporters as regards foreign markets, packaging, and documentation, participation in international trade fairs and exhibitions, advertising of Indian goods abroad and procedure and formalities in export trade transactions. They also provide education/training facilities, market intelligence and benefits of marketing research to exporters. Their contribution in export promotion is collective and also indirect in character. Foreign trade organization can be better described as organization for export promotion.

 

 

Advertisement
The following two tabs change content below.
We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]
0 Comments

Leave a reply

BMS.co.in is aimed at revolutionising Bachelors in Management Studies education, also known as BMS for students appearing for BMS exams across all states of India. We provide free study material, 100s of tutorials with worked examples, past papers, tips, tricks for BMS exams, we are creating a digital learning library.

Disclaimer: We are not affiliated with any university or government body in anyway.

©2020 BMS - Bachelor of Management Studies Community 

A Management Paradise Venture

Ask Us On WhatsApp
or

Log in with your credentials

or    

Forgot your details?

or

Create Account