DGFT working with Department of Revenue to establish designated e-commerce 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 $2 billion as compared to China's staggering $ 350 billion.
Director General of DGFT Santosh Kumar Sarangi has said that these hubs will have facilities like dedicated customs and security checks, allowing cleared parcels to proceed through a green channel at airports, eliminating the need for further inspections. This approach mirrors best practices observed in other countries.
He also pointed out that the e-commerce hubs will be built and maintained by private entities, while the government will oversee security and customs clearances. In addition to expediting clearances, the proposed hubs would offer warehousing facilities, returns processing, labelling, product testing, and repackaging services. This public-private partnership aims at creating a robust infrastructure for efficient e-commerce exports