Shiprocket, CSC to run e-commerce export hubs around Delhi

Logistics enabler for e-commerce Shiprocket and air cargo handling company Cargo Service Centre (CSC) have been selected by the government to run pilots on the setting up E-commerce Export Hubs (ECEH) in the country, a senior official said Thursday.

The hubs will be set up in and around Delhi airport and will be rolled out in February next year, Director General of Foreign Trade Santosh Kumar Sarangi told reporters.

While Shiprocket is headquartered in Gurgaon, the CSC is Mumbai-based.

Also Read Indian Railways set to introduce all-in-one ‘Super App’ for tickets bookings, train tracking, food orders and more – Details inside EXPLAINER | Why south India wants big families The Hosteller secures funding worth Rs 48 crore in Series A round, aims to expand to 10000 beds by March 2026 Trump 2.0: ‘America first’ and India

Also ReadHAL posts Q2 profit growth of 22.14% at Rs 1510.49 crore, shares rises 3%

“The hub will have facilities for expedited customs and security clearance in house. Provision for quality and  certifying agency will happen with the hub. It will also have a very easy reimport policy,” he added. Reimport policy will enable the return of e-commerce consignments and rejects without payment of import duty.

Based on the feedback received on running of these pilots, the government will come out with detailed guidelines for setting up more such hubs across the country. The guidelines may require policy or regulatory tweaks in different departments, Bureau of Civil Aviation Security (BACS) and DGFT.

“Our expectation is that the successful roll out of the pilot and subsequent scaling up will have a large number of ECEH operating in different parts of the country,” Sarangi said.

He said e-commerce exports have the potential to grow to $ 100 billion plus by 2030 and then further to $ 200-250 billion in future years. 

Global e-commerce exports are expected to touch $2 trillion in 2030 from $800 billion now. India’s exports through this medium is only about $ 5 billion as compared to China’s $ 250 billion annually.

China, which is a leader in e-commerce exports, is also a pioneer in export hubs for e-commerce. China’s exports through this route are 6.4% of its total merchandise exports in 2023 while for India this figure stands at $ 1.14%. 

 » Read More

Related Articles

New NPS guidelines issued! Officials told to process like OPS – All you need to know

The Central Pension Accounting Office (CPAO) has issued new guidelines to ensure timely pension to retired employees of the National Pension System (NPS). In an Office Memorandum (OM) issued on March 12, 2025, the CPAO has reminded the concerned officials that NPS pension cases should be processed in the same manner as the Old Pension

Sukanya Samriddhi Yojana to Mutual Fund SIP, best investment options for your child

Securing your children’s financial future is one of the most important responsibilities of a parent. From education and marriage to other key life expenses, your growing children will need financial support at different stages. To ensure they have the necessary funds when required, it’s essential to diversify your investments across different schemes. In India, several

India sees record deal activity in February at $7.2 billion

India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling USD 7.2 billion — the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat. “This represents a 67 per cent increase in volumes and a 5.4-fold increase in

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

New NPS guidelines issued! Officials told to process like OPS – All you need to know

The Central Pension Accounting Office (CPAO) has issued new guidelines to ensure timely pension to retired employees of the National Pension System (NPS). In an Office Memorandum (OM) issued on March 12, 2025, the CPAO has reminded the concerned officials that NPS pension cases should be processed in the same manner as the Old Pension

Sukanya Samriddhi Yojana to Mutual Fund SIP, best investment options for your child

Securing your children’s financial future is one of the most important responsibilities of a parent. From education and marriage to other key life expenses, your growing children will need financial support at different stages. To ensure they have the necessary funds when required, it’s essential to diversify your investments across different schemes. In India, several

India sees record deal activity in February at $7.2 billion

India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling USD 7.2 billion — the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat. “This represents a 67 per cent increase in volumes and a 5.4-fold increase in

Replace Chinese goods with US imports – govt tells industry amidst Trump’s tariff threat

Amid concerns over potential export disruptions due to US reciprocal tariffs set to take effect on April 2, the Ministry of Commerce and Industry has urged Indian industry players to explore areas where imports from China and other countries could be substituted with goods sourced from the United States, according to executives familiar with the

China fund managers face 50% pay cut for poor performance — Here’s what’s changing

Fund managers in China may see a major blow to their salaries. If they do not meet the set performance standards, their salaries can be cut by up to 50%. This decision is part of a comprehensive reform in the country’s 33 trillion yuan ($4.6 trillion) mutual fund industry. According to a Bloomberg report, the