Export promotion councils in India will undergo an overhaul. Currently, there are 23 export promotion councils of which 10 are administered by the Textiles Mministry. These include apparels, handicrafts, carpets and handlooms. Transparency will be introduced in the election procedure of these councils. The way these councils nominate officers on the board of directors and management will be reviewed. Apart from this, all executive heads of the textile export promotion councils may have to inform the ministry regarding their foreign visits.

Activities of the councils with regard to exports and conduct of exhibitions, buyer-seller meets within India and abroad will be reviewed on a quarterly basis. The government provides funds to these councils to boost exports and other related activities. But exports have been hovering around $300 billion for the last few fiscals.

Export promotion councils help Indian entrepreneurs market themselves globally and guide them through rules and regulations. They help entrepreneurs fulfill their business objectives through effective branding and marketing, technology transfer and upgradation by arranging joint ventures and international collaborations with foreign partners through the process of exhibitions, trade shows and B2B meetings.