Define Status Holder under Foreign Trade Policy. Which categories of exporter firms are eligible for recognition as a Status Holder and what are the…

Status Holder is an exporter recognized for export performance by a Regional Authority. Status Holders are exporter firms recognized on the basis of their export performance as business leaders who have excelled in international trade and have successfully contributed to country's foreign trade. All exporters of goods, services and technology having an import-export code (IEC) number, on the date of application, shall be eligible for recognition as a status holder based on export performance. An applicant may be categorized as status holder on achieving the threshold export performance in the current and preceding three financial years as indicated below: Status category Export Performance (Threshold in USD Million) One Star Export House 3 Three Star Export House 50 Four Star Export House 200 Five Star Export House 800