Scale trade volumes without adding operational complexity.
Strengthening economic resilience through a trusted and inclusive trade ecosystem
Frequently Asked Questions
How does IBDIC support governments and regulators?
IBDIC supports government objectives by providing digital trust infrastructure for Trade and Supply chain finance , resulting in greater economic resilience , creation of a trusted and inclusive trade and supply chain ecosystem, powering MSME Financial Inclusion and Trade and Supply Chain growth for India
What role does IBDIC play in Bharat Trade Network (BTN)?
IBDIC is the Strategic, Knowledge, Design and Development Partner for developing BTN by DGFT, Ministry of Commerce & Industry.
What is Bharat Trade Network (BTN)?
BTN is India’s national Digital Public Infrastructure for cross-border trade, announced in the Union Budget. It is a unified, digital interoperable trade platform enabling all stakeholders (banks, corporates, MSMEs, logistics, customs, regulators) to participate seamlessly. BTN will help exporters grow their business thereby aligning to the $2 Trillion export target by 2030 to enable a Viksit Bharat
How does BTN improve the trade ecosystem?
BTN reduces cross-border trade timelines from weeks to days, eliminates paperwork andreduces costs. It enables a seamless digital trade across all ecosystem players. . Benefits include: real-time supply chain visibility, automated compliance verification, fraud prevention, reduced regulatory burden, and fair access for all businesses regardless of size.
How does BTN support regulatory oversight?
BTN provides real-time visibility of trade flows, automated compliance verification, early warning systems for anomalies and data-driven insights for policy making. Regulators access transaction information through integrated systems (GSTN, ICEGATE, DGFT), enable risk-based monitoring and reduce burden on compliant businesses while focusing effort on high-risk transactions.
How does IBDIC enable interoperability across trade participants?
IBDIC provides standardized data formats, open APIs and system integration layers connecting ERP systems, banking platforms, and government portals. All participants see consistent, real-time information; documents transfer between parties maintaining integrity and compliance checks happen automatically resulting inseamless transactions without redundant data entry across multiple systems.
How does BTN support India's Viksit Bharat vision?
BTN directly supports Viksit Bharat by: expanding trade and MSME access to global markets; creating jobs through trade growth; enabling financial inclusion for 6 crore excluded MSMEs; strengthening global competitiveness of Indian exports; establishing digital infrastructure leadership; and supporting regional South Asianenabling a reseilient trade integration. Coreecosystem through core infrastructure for inclusive, export-driven economic growth targeting $2Trillion exports by 2030 as per the Viksit Bharat goals .