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10/04/2026

A proforma invoice is an important document in export transactions, especially when advance payment is required from buyers. It provides detailed information on the product, pricing, delivery terms, and payment conditions, helping both parties align expectations before shipment. Built on mutual trust, it serves as a preliminary agreement between the exporter and importer, ensuring clarity and facilitating smoother trade processes.


Press Information Bureau - PIB, Government of India

08/04/2026

Manufacturer exporters with or without supporting manufacturer(s), merchant exporters tied to supporting manufacturer(s) and service provider(s); and service providers can benefit from the EPCG Scheme. Refer FTP and HBP for latest details.

Read more:https://content.dgft.gov.in/Website/DGFT_FAQs-Export_Promotion_Capital_Goods(EPCG)v1.0.pdf


Press Information Bureau - PIB, Government of India

08/04/2026

EPCG stands for Export Promotion Capital Goods. The objective of this scheme is to facilitate the import of capital goods with the purpose of producing quality goods and services to enhance India’s export competitiveness. EPCG scheme allows import of capital goods for pre-production, production and post-production at zero customs duty.

Read more:https://content.dgft.gov.in/Website/DGFT_FAQs-Export_Promotion_Capital_Goods(EPCG)v1.0.pdf


Press Information Bureau - PIB, Government of India

07/04/2026

The Government e Marketplace (GeM) continues to transform India’s public procurement landscape with a cumulative GMV of ₹18.4 lakh crore. Crossing ₹5 lakh crore in FY 2025–26, the platform reflects growing trust in a transparent, efficient and technology-driven system. GeM connects enterprises across regions to government demand, promoting inclusion, sustainability and accountability in public spending.

Read more: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2249335®=3&lang=1


Press Information Bureau - PIB, Government of India

07/04/2026

Technology and wider adoption are accelerating GeM’s growth. AI, ML and advanced analytics enable real-time monitoring, anomaly detection and improved decision-making through tools such as Bid Health Scores. With increasing participation from States and Union Territories, procurement by States grew by 38.3% in FY 2025–26, reflecting rising confidence in a transparent and efficient procurement ecosystem.

Read more: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2249335®=3&lang=1


Press Information Bureau - PIB, Government of India

07/04/2026

GeM is driving inclusive participation in public procurement. In FY 2025–26, MSEs executed 68% of total orders, contributing 47.1% of GMV. Over 11 lakh MSEs received 51 lakh+ orders worth ₹2.36 lakh crore, growing over 20%. Women-led MSEs secured ₹28,000 crore orders with ~28% growth, startups crossed ₹19,000 crore with 36% growth, and SC/ST enterprises recorded over ₹6,000 crore with ~28% growth.

Read more: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2249335®=3&lang=1


Press Information Bureau - PIB, Government of India

06/04/2026

India’s fisheries sector is emerging as a strong driver of export growth, supported by rising production and large-scale livelihood generation. With steady output expansion and growing aquaculture capacity, the sector is enabling higher export volumes and improving supply reliability. This growth is strengthening India’s position in global seafood trade while supporting inclusive development across coastal and rural communities.

Read more: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2248721®=3&lang=1


Press Information Bureau - PIB, Government of India

06/04/2026

The TR-6 Challan is an important document in customs procedures, issued by the Central Board of Indirect Taxes and Customs or Customs authorities as proof of tax payment. It is generated when duties or taxes, particularly those linked to duty saved amounts under export promotion schemes, are paid. This challan serves as an official receipt and is essential for compliance, documentation, and reconciliation in trade transactions.

Read more:https://content.dgft.gov.in/Website/DGFT_FAQs-Export_Promotion_Capital_Goods(EPCG)v1.0.pdf


Press Information Bureau - PIB, Government of India

02/04/2026

India has clearly stated at the World Trade Organization (WTO) that any new agreements must respect the organisation’s basic principles. India raised concerns that including the Investment Facilitation for Development (IFD) Agreement without full agreement of all members could weaken the system. By taking this stand, India is protecting transparency, fairness, and equal participation in global trade rules. This also helps ensure that developing countries, including India, continue to have a strong and fair voice in global trade decisions.

Read more: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2247341®=3&lang=1


Press Information Bureau - PIB, Government of India

02/04/2026

India has supported extending the moratorium on non-violation and situation complaints (NVSC) under the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). This step helps maintain stability and reduces uncertainty in global trade rules related to intellectual property. It benefits exporters and businesses by providing clarity and a predictable environment. India’s position supports innovation, protects trade interests, and promotes balanced outcomes for developing countries in the global system.

Read more: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2247341®=3&lang=1


Press Information Bureau - PIB, Government of India

01/04/2026

India is steadily strengthening its MSME export ecosystem through a combination of policy support and digital enablement. The share of MSME-related products in India’s merchandise exports has increased significantly, reflecting improved competitiveness and market access. Initiatives such as Technology Centres, digital adoption through platforms like GeM and ONDC, and schemes promoting green and advanced technologies are enabling MSMEs to scale and integrate with global value chains more effectively.

Read more: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2246895®=3&lang=1


Press Information Bureau - PIB, Government of India

01/04/2026

CBIC currencies refer to freely convertible currencies recognised under systems administered by the Central Board of Indirect Taxes and Customs. For transactions in these currencies, exporters and importers are not required to enter converted values, simplifying reporting and compliance. However, for trade conducted in non-CBIC currencies, the applicable exchange rates must be declared. This distinction helps streamline trade documentation while ensuring accuracy in valuation where required.

Read more:https://content.dgft.gov.in/Website/DGFT_FAQs-Export_Promotion_Capital_Goods(EPCG)v1.0.pdf


Press Information Bureau - PIB, Government of India

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Core-1, Scope Complex, 7, Institutional Area, Lodhi Road
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