June2 , 2026

    India launches ₹25,060-crore Export Promotion Mission to boost competitiveness, support MSMEs

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    In a major step toward strengthening India’s export ecosystem, the government has launched the Export Promotion Mission (EPM) — a unified, mission-mode framework approved under the Union Budget 2025–26. The initiative aims to simplify and streamline support for exporters, particularly MSMEs and first-time exporters, by consolidating several fragmented schemes into a single, predictable system.

    According to an official release, the Mission carries an outlay of ₹25,060 crore for FY 2025-26 to FY 2030-31, focusing on improving trade finance, boosting market readiness, and enhancing regional and sectoral competitiveness. The move comes at a time when exporters continue to face challenges in accessing affordable credit, meeting global quality standards, improving logistics efficiency, and adapting quickly to shifting global trade patterns.

    Coordinated Framework for Export Growth

    The government noted that while existing programmes — including interest-equalisation and market-access initiatives — support exporters, gaps remain due to dispersed implementation. EPM aims to address these through an integrated structure led by the Directorate General of Foreign Trade (DGFT).

    DGFT will operate a digital platform enabling streamlined applications, approvals, monitoring, and fund disbursal. The Mission aligns the efforts of the Department of Commerce, Ministry of MSME, Ministry of Finance, state governments, Export Promotion Councils, and financial institutions to ensure real-time governance and outcome-driven delivery.

    Two Pillars: Niryat Protsahan & Niryat Disha

    The EPM functions through two interconnected components:

    Niryat Protsahan: Focuses on financial support, including – interest subvention, export factoring, deep-tier financing, and credit enhancement mechanisms.

    Niryat Disha: Addresses non-financial support areas such as testing and certification, branding and packaging, participation in trade fairs, logistics facilitation, and district-level capacity-building programmes.

    Additional Credit Measures for Exporters

    To complement the Mission, the government has expanded the Credit Guarantee Scheme for Exporters, offering an additional ₹20,000 crore in support. The scheme now provides 100% credit guarantee coverage, enabling MSMEs to secure collateral-free working capital.

    The Reserve Bank of India has also introduced Trade Relief Measures (November 2025), offering moratoriums on loan repayments, extended credit tenures, flexible working-capital norms, regulatory forbearance, and relaxed FEMA timelines for export realisation.

    A Consolidated Push for Global Competitiveness

    By integrating fiscal incentives, financing tools, digital governance, and regulatory flexibility into a single mechanism, the EPM is expected to significantly improve the ease of exporting from India.

    “By merging fiscal incentives, financial facilitation, digital governance and regulatory flexibility into a single mission-mode framework, the government has created a powerful platform to enhance India’s global trade competitiveness,” the official release stated.

    The Mission is anticipated to accelerate export growth, support India’s manufacturing ecosystem, and strengthen the country’s position in global value chains.

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