Public Sector Trading Agencies

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IntroductionIntroductionExport is importantExport is importantBy the sides export development isBy the sides export development is

important.important.

Government endeavoring to developGovernment endeavoring to develop

exports.exports.

Government taking measures.Government taking measures.Such measures help exporting firms inSuch measures help exporting firms in

several ways.several ways.


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The benefits of exports to theThe benefits of ex

ports to the

economyecono

my

I.I. To achieve economies of scale and growth.To achieve economies of scale and growth.

II.II. Supply of many commodities.Supply of many commodities.

III.III. Exports enable certain countries to achieveExports enable certain countries to achieveexportled growth.exportled growth.

I!.I!.Export markets may help mitigate theExport markets may help mitigate theeffects of domestic recession.effects of domestic recession.

!.!. Exports to earn enough foreign exchangeExports to earn enough foreign exchange


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Organizational Set UpO

rganizational Set Up

Government has established to provideGovernment has established to provide

different assistance to the exporters.different assistance to the exporters.

There are also a number of otherThere are also a number of otherinstitutions.institutions.


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Ministry of CommerceMinist

ry of Commerce

The various offices" organi#ations under theThe various offices" organi#ations under theadministrative control of the $epartment are%administrative control of the $epartment are%

&'( Two 'ttached )ffices&'( Two 'ttached )ffices

&B( Eleven Subordinate )ffices&B( Eleven Subordinate )ffices&*( Ten 'utonomous Bodies&*( Ten 'utonomous Bodies

&$( +ive ,ublic Sector -ndertakings&$( +ive ,ublic Sector -ndertakings

&E( 'dvisory Bodies&E( 'dvisory Bodies&+( +ourteen Export ,romotion *ouncils &E,*s(&+( +ourteen Export ,romotion *ouncils &E,*s(

andand

&G( )ther )rgani#ations.&G( )ther )rgani#ations.


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Public Sector UndertakingsPublic Sector Undertakin

gs

There are five ,ublic SectorThere are five ,ublic Sector-ndertakings-ndertakings

i( State Trading *orporation of India imitedi( State Trading *orporation of India imited

&ST*(&ST*(&ii( //T* imited&ii( //T* imited

&iii( ,ro0ect and E1uipment *orporation of India2&iii( ,ro0ect and E1uipment *orporation of India2

,E* imited,E* imited

&iv( Export *redit Guarantee *orporation of India&iv( Export *redit Guarantee *orporation of India

td. &E*G*(td. &E*G*(

&v( India Trade ,romotion )rgani#ation &IT,)(&v( India Trade ,romotion )rgani#ation &IT,)(


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State Trading Cororation o!State Trading Cororation o!

India "imited (STC)India "imited (STC)

ST* was set up on 34th /ay2 3567.ST* was set up on 34th /ay2 3567. 8egistered as an autonomous company8egistered as an autonomous company

under the *ompanies 'ct2 3567.under the *ompanies 'ct2 3567.

,rimarily aim to undertake trade with East,rimarily aim to undertake trade with EastEuropean *ountries and to supplement theEuropean *ountries and to supplement theefforts of private trade and industry inefforts of private trade and industry indeveloping exports from the country.developing exports from the country.

By virtue of infrastructure and experience itBy virtue of infrastructure and experience itplays an important role in arranging import ofplays an important role in arranging import ofessential items and developing exports of aessential items and developing exports of alarge number of items from India.large number of items from India.


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#inerals and #etals Trading#inerals and #etals Trading

Cororation "imitedCororation "imited

It was created in 3579 .It was created in 3579 .

separated from State Trading *orporation of Indiaseparated from State Trading *orporation of Indiatd.td.

primary aim to deal in exports of minerals and oresprimary aim to deal in exports of minerals and oresand imports of nonferrous metals.and imports of nonferrous metals.

In 35:;2 //T* took over imports of fertili#er rawIn 35:;2 //T* took over imports of fertili#er rawmaterials and finished fertili#ers.materials and finished fertili#ers.

)ver the years import and exports of various other)ver the years import and exports of various otheritems like steel2 diamonds2 bullion2 etc.items like steel2 diamonds2 bullion2 etc.

//T* over the years has grown to become the//T* over the years has grown to become thelargest trading )rganisation in India.largest trading )rganisation in India.


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$%ort Credit &uarantee$%ort Credit &uarantee

Cororation o! India "td' ($C&C)Cororation o! India "td' ($C&C)

It was established in 356: as the Export 8iskIt was established in 356: as the Export 8iskInsurance *orporation of India td.Insurance *orporation of India td.

$ue to wider role played by the *orporation2 the$ue to wider role played by the *orporation2 the

name was changed to Export *redit Guaranteename was changed to Export *redit Guarantee*orporation of India td. &E*G*(.*orporation of India td. &E*G*(.

It providesIt provides

&a(&a(a range of insurance covers to Indian exporter.a range of insurance covers to Indian exporter.

&b( different types of guarantees to banks and&b( different types of guarantees to banks andother financial institutions to enable them toother financial institutions to enable them toextend credit facilities to exporters on liberalextend credit facilities to exporters on liberalbasis.basis.


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India Trade Promotion rganiationIndia Trade Promotion rganiation

(ITP)(ITP) It was formed by merging Trade $evelopmentIt was formed by merging Trade $evelopment

'uthority &T$'( with Trade +air 'uthority of'uthority &T$'( with Trade +air 'uthority ofIndia &T+'I( with effect from 3st ?anuary 355


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The major activities of ITPOs foreignoces include

Provides necessary inputs to head ofce&Regional Ofces or various ITPO activities.

Assists in xing appointments & usiness

meetings or Indian exporters travellingaroad.!ponsoring uying delegation to India .

"eneration o trade en#uiries &dissemination o trade inormation.

$ollect latest inormation on ashion trends%ricin % distriution channels% standard%


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$OTI''.(oili)ation o oreign participation or trade

airs eing organised in India.

Provide assistance in space oo*ing% customclearance etc. or trade airs eing organised

y ITPO .

Pulicise the ITPO participation ininternational airs in their region y direct

mailing % telephone contacts% press conerence%etc.

Invites uyers% government ofcials and

representatives o industry association% etc. to


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T+A,!T+A,!

Public Sector Trading Agencies

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