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India’s First E-Commerce Export Hub to Launch by March 2025

by Geraldine S.
01/16/2025
in Logistics & Transportation

India is set to take a significant step in boosting its e-commerce exports with the launch of the country’s first E-Commerce Export Hub, expected to become operational by March 2025. Santosh Kumar Sarangi, Director General of Foreign Trade (DGFT), shared this development, highlighting its potential to transform the e-commerce export landscape.

The pilot phase of the initiative has been approved for five companies: logistics aggregator Shiprocket and air cargo handling firm Cargo Service Centre in Delhi, DHL and Lexship in Bengaluru, and goGlocal in Mumbai.

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India’s e-commerce exports currently stand at approximately $5 billion annually, a fraction of China’s $250 billion. However, the hubs aim to capitalize on a market potential projected to surpass $100 billion by 2030, with further growth expected to reach $200–250 billion in the following years.

These hubs will introduce key features such as self-sealing procedures that bypass customs and BCAS checks at gateway ports, a simplified reimport policy for handling returns, and on-site outposts for quality assurance and certification. The streamlined processes are anticipated to minimize delays and enhance competitiveness for Indian exporters in global markets.

The DGFT is collaborating with the commerce and revenue departments, as well as the Bureau of Civil Aviation Security (BCAS), to finalize standard operating procedures (SOPs). “We expect the first e-commerce hub operational by March of this year,” said Sarangi, reaffirming the government’s focus on modernizing trade infrastructure.

Discover the latest in supply chain logistics news on The Supply Chain Report. Free international trade tools are available at ADAMftd.com.

#ECommerceExports #GlobalTrade #TradeInfrastructure #SupplyChainInnovation #ExportHub

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© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.