Foreign Trade Policy: New Norms for Green Channel for E-commerce 2024

The Directorate General of Foreign Trade (DGFT) continues to modernize the Foreign Trade Policy (FTP) to accommodate the rapid growth of cross-border e-commerce. A key development in 2024 is the refinement of 'Green Channel' clearance mechanisms specifically designed for small and medium enterprise (SME) exporters. These norms are intended to reduce the physical examination of cargo, thereby speeding up the dispatch of high-frequency, low-value shipments. As specified in the Foreign Trade Policy 2023 (updated for 2024), the government is prioritizing the integration of Courier Shipping Bills with the NSDL system. This allows for a smoother flow of data between the exporter and Customs, facilitating 'trust-based' exports. ## What this means for exporters For Indian SMEs, this reduces the turnaround time for international orders. By leveraging the Green Channel, exporters can lower their logistical overhead and improve customer satisfaction through faster delivery. Exporters should ensure their IEC is updated and their profiles are complete on the DGFT portal to qualify for these expedited procedures. This alignment is a step toward the national goal of achieving $1 trillion in merchandise exports by 2030. Exporters must remain compliant with the updated Hand Book of Procedures (HBP) to maintain their eligibility for such expedited clearances.