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.
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.
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