Cabinet approves ₹25060 crore Export Promotion Mission to boost India’s global trade competitiveness
Key contributors to export growth in October 2025 included electronic goods, meat and dairy products, marine products, cashew and coffee.
The flagship initiative consolidates multiple export support schemes into a unified, outcome-based framework focused on MSMEs, first-time exporters, and labour-intensive sectors.
New Delhi, November 13: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Export Promotion Mission (EPM) — a flagship initiative aimed at strengthening India’s export ecosystem and enhancing competitiveness in global markets. The Mission carries an outlay of ₹25,060 crore for FY 2025–26 to FY 2030–31.
Designed to consolidate fragmented export schemes into a single, digitally enabled, and adaptive mechanism, the EPM will particularly benefit MSMEs, first-time exporters, and labour-intensive industries. It seeks to address key structural challenges such as limited access to trade finance, high compliance costs, weak export branding, and logistical constraints in low-export-intensity regions.
Integrated framework for financial and non-financial support
The EPM will operate through two key sub-schemes:
- Niryat Protsahan: Focuses on improving access to affordable trade finance through instruments such as interest subvention, export factoring, collateral guarantees, and credit cards for e-commerce exporters.
- Niryat Disha: Provides non-financial support for export readiness, including quality certification, international branding, trade fair participation, logistics assistance, and capacity building.
The Mission will also integrate existing initiatives like the Interest Equalisation Scheme (IES) and Market Access Initiative (MAI), aligning them with contemporary global trade requirements.
Implementation and impact
The Directorate General of Foreign Trade (DGFT) will serve as the implementing agency, operating a dedicated digital platform for end-to-end management — from application to disbursal — integrated with India’s existing trade systems.
By facilitating affordable credit, enabling compliance support, and enhancing market visibility, the EPM is expected to boost exports from non-traditional sectors and districts, generate employment, and sustain India’s export momentum amid global challenges.
The Mission reinforces India’s commitment to building a resilient, inclusive, and technology-driven export ecosystem, aligned with the national vision of Viksit Bharat @2047.
