The Federation of Indian Export Organisations (FIEO) is the main group in India that helps businesses sell their products overseas. It was created in 1965 by the Indian government and private industry. FIEO’s job is to support and represent Indian entrepreneurs and exporters in other countries.
FIEO is the main group that oversees all the organizations in India that promote exports. It acts as the link between Indian businesses that trade internationally and the government, banks, ports, and transportation companies involved in making exports happen smoothly. FIEO helps around 200,000 exporters in India by providing services and support. They are certified for providing good quality service, which helps contribute to over 70% of India’s exports.
As a friend to businesses that trade internationally, FIEO helps solve exporters’ issues by talking to the right people in charge. It lets exporters talk to experts about global trade and government policies. FIEO gives access to the latest trade policies and connects businesses with global trade organizations. It also arranges meetings where exporters can discuss important trade problems with top government officials to find solutions quickly.
FIEO partners with universities and colleges to improve the connection between education and industry. They organize training sessions, seminars, and workshops for people working in exports to help them become better at their jobs. FIEO also lets professionals and new job seekers upload their resumes on their website. Members can access this database for free to find people with knowledge of international trade for hiring. Additionally, members can post job openings on the FIEO website for free.
Indian Trade Portal
FIEO created and runs the Indian Trade Portal website to help members stay informed about trade policies and get support. Globally, FIEO signs agreements with similar organizations, sets up exhibitions, and showcases catalogs. It’s also part of the Enterprise Europe Network. FIEO publishes a monthly magazine about trade and business that’s read by exporters, importers, government officials, and others worldwide. They also send out weekly and monthly email newsletters.
Ease of Logistic Portal
On September 27, 2021, Shri Piyush Goyal, the Minister of Commerce & Industry, Consumer Affairs & Public Distribution, and Textiles, launched a user-friendly trade portal called www.easeoflogistics.com. This portal, developed by FIEO, brings together exporters and logistics service providers (LSPs) in one place. Exporters can share their container needs directly with service providers to get the best quotes. This platform allows exporters to chat, negotiate, and finalize business deals easily.
Recognition
FIEO gives out awards like Niryat Shree and Niryat Bandhu to recognize exporters and export helpers for doing exceptionally well in exports. They also present Export Excellence Awards to members from different regions who excel in exporting.