Foreign Trade is gaining importance in India day by day.
It has become a national priority as it is a vehicle to
economic development/growth. With the formulation of WTO
and advent of globalization, whole world has become one
market. Therefore, becoming a major player in trade is
not only desirable but is utmost necessary. Increase in
exports is vital for growth whereas imports stimulate
our economy. In backdrop of the above scenario, Govt. of
India is committed to take all necessary steps to double
our percentage share of merchandise trade within the
next five years. For this, the Govt. formulates and
implements policies which also act as an instrument to
provide thrust to employment.
For this purpose, Ministry of Commerce through its
attached offices of the Directorate General of Foreign
Trade, formulate and implement foreign trade policy.
Such policy is announced under the Foreign Trade
(Development and Regulation) rules, 1992 read with
Foreign Trade (Regulation) Act, 1993.
One regional licensing office of the Directorate General
of Foreign Trade (DGFT) is set up in Ludhiana. It caters
to the needs of the entire state of Punjab except
district of Amritsar. This office is second largest in
northern India and handles an export of around 2 billion
dollars per year. The main functions of this office are
to implement Foreign Trade Policy as announced by the
Govt. of India, Ministry of Commerce from time to time
and to act as a bridge between trade and industry and
the Central Govt.
Foreign trade policy contains various schemes and steps
formulated by the Govt. to effectively regulate imports
and to promote exports. Although quantative restrictions
have been removed allowing free flow of imports of all
the major items but some items still require control for
which regulations are made in the foreign trade
policies. A plethora of schemes have been provided to
facilitate increase in exports. Such schemes include the
Assistance to states for infrastructure development for
Financial assistance to export promotion councils,
industry and trade associations, agencies of State Govt.
Indian Commercial mission abroad and other persons as
Market Access initiative.
Financial assistance for marketing development.
Providing financial assistance for meeting the legal
expenses for Trade related matters.
Recognising towns of export excellence and providing
special facilities to such towns.
Recognising the exporters contributing substantially to
the export kitty of the country and providing them
Providing assistance to service sector by recognizing
their efforts and extending them additional benefits.
Providing duty free imports of raw materials consumables
etc. meant to be used in exports.
Neutralising the incidence of customs duty loaded in the
For building a good technological industrial base, the
foreign trade policy also provides for imports of
capital goods at concessional rate of customs duty.
Recognising export oriented units, electronic hardware
technology parks, Software technology parks and
Bio-technologic parks and to grant them special status.
Providing assistance for setting up and maintenance of
special economic zones and using them as an effective
instrument for export promotion.
To create trade related infrastructure by providing for
creation of free trade and warehousing zones.
Apart from the above, Ludhiana regional licensing office
of the DGFT acts as a trade facilitator. It also deals
with the quality complaints of the foreign buyers. It
works in close coordination with other related economic
offices like Customs Commissionerates, Central Excise
authorities, DRI authorities and Enforcement
The office is situated at 133-136, Green Field,
Ludhiana-141002. The official website of can be
approached at http://dgft.gov.in and our telephone Nos.
are 2430474, 2401754 Fax No.2421280 and E.Mail address