DGFT Expands GAICT Policy for Export/Re-export of SCOMET items including Software and Technology to Selected countries

DGFT Expands GAIC Policy for Export of SCOMET Items: The Directorate General of Foreign Trade (DGFT) expanded the Global Authorisation for Intra-Company Transfer (GAICT) policy for exporting SCOMET items, including software and technology, to select countries. This move facilitates easier transfers within multinational entities, encouraging smoother export and re-export of sensitive items while maintaining regulatory compliance. It supports India’s broader export and technology-sharing goals.