Annual Skilling and Mentorship Obligations- Foreign Trade Policy 2023

Background

  • The Foreign Trade Policy aims to develop a sustainable export ecosystem by leveraging the knowledge and experience of Status Holders to mentor and train aspiring exporters and young professionals.
  • The program of annual skilling and mentorship obligations aims to encourage export oriented entrepreneurship by bridging gaps between established industry and budding entrepreneurs. This is envisioned to be achieved by establishing a thriving knowledge ecosystem where industry professionals, mentors, and entrepreneurs can collaborate, share expertise, and drive innovation in international trade.

What are Mentorship Obligations?

  • To improve the trade ecosystem by enhancing the available skilling opportunities, Status Holders are being made “partners” in providing mentoring and training in international trade.
  • Status Holders will endeavor to provide skill up gradation/ training in international trade as detailed below:

 

         Star Rating

         Minimum Annual Trainees

Two Star Export House

              5 trainees

Three Star Export House

              10 trainees

Four Star Export House

              20 trainees

Five Star Export House

              50 trainees

Need of Membership Obligations

  • It has been long felt that many potential Indian entrepreneurs face challenges in identifying & developing popular global products, exploring new markets, and establishing sustainable trade relations. One of the reasons for these challenges is the lack of a sufficient ecosystem for generating and sharing functional knowledge.
  • Status Holders, who have expertise and experience in international trade, are well- positioned to address these challenges.
  • Status Holders may consider collaborating in their clusters with industry partners to develop meaningful mediums to realize the intended outcomes.
  • The program aims to accelerate the professional growth, expand networks, and enhance the knowledge and skills of participants involved, leading to more successful and sustainable international trade endeavors.

Duration & Structure of Training for Annual Skilling

The program structure can be further tailored to suit the specific requirements and preferences of the industry and participants involved.

  • A model training program of a minimum duration of 6 weeks would be put up in public domain for guidance.
  • Detailed eligibility requirements, selection criteria, training curriculum etc will be at the discretion of the Status Holder.
  • It may be noted that a Massive Open Online Course has been developed by DGFT in collaboration with Indian Institute of Foreign Trade with course topics including fundamentals of international trade, regulatory framework, product identification, logistics, trade finance etc. The repository of resources is available online at DGFT website under the “Learn” section. The same maybe used for training the participants under this initiative.
  • By the end of the 6-week mentorship initiative, participants are expected to have gained a comprehensive understanding of international trade and will also get insights into specific industry & its clusters, supply chain & logistics, trade regulations and industry best practices.

 

Note: In case of non compliance with these guidelines a status holder may possibly loss the status of Star Export House in case of non-compliance.

For detailed guidelines refer: https://content.dgft.gov.in/Website/dgftprod/2b70fc1f-cab2-47c3-846d-5f80d70f13d2/Trade%20Notice%2014.pdf

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