Directorate General of Foreign Trade (DGFT)

DGFT, earlier known as Chief Controller of Imports & Exports was setup in 1950. The agency is headquartered in New Delhi and functions under Department of Commerce, Ministry of Commerce and Industry.

Functions and Responsibilities of DGFT: The agency is responsible for formulating and implementing the Foreign Trade Policy with the objective of promoting India’s exports.

• DGFT is the licensing authority for exporters, importers and export and import business.
• The agency grants 10 digit IEC (Importer Exporter Code), which is a primary requirement for Import and Export