New Delhi, Dec. 31 -- India is working on creating an index to evaluate exporters performance based on their Importer Exporter Codes (IECs), tracking performance over a five-year period, Director General of Foreign Trade (DGFT) Ajay Bhadoo said on Wednesday, as the government sharpens its focus on data-driven export promotion and market diversification.

"Trying to create an index for exporters to evaluate IECs how they've fared over 5 years," Bhadoo said, adding that the data could be compiled over the next year to support the "acceleration of new market for diversification, bring more exporters."

Bhadoo reiterated that India has moved away from export subsidies under its New Trade Policy, aligning its trade framework with global rules....