The Union Cupboard, chaired by PM Narendra Modi, has permitted the launch of the Export Promotion Mission (EPM) — a flagship initiative geared toward reworking India’s export ecosystem and strengthening competitiveness, notably for MSMEs, first-time exporters, and labour-intensive sectors.
The Export Promotion Mission was introduced within the Union Funds 2025–26. Operating from FY 2025–26 to FY 2030–31, the mission will provide an built-in, versatile, and digitally enabled framework to assist and speed up export progress.
With a complete outlay of Rs 25,060 crore for the interval FY 2025–26 to FY 2030–31, the EPM can have a complete, versatile, and digitally pushed framework that replaces a number of fragmented schemes with a single, outcome-oriented mechanism. It’s designed to handle the structural bottlenecks in India’s export panorama — from pricey commerce finance to compliance challenges and insufficient branding assist.
Export progress
The Mission will function underneath a collaborative construction, involving the Division of Commerce, Ministry of MSME, Ministry of Finance, and different key stakeholders resembling monetary establishments, Export Promotion Councils, Commodity Boards, business associations, and state governments.
Two built-in sub-schemes will drive the Mission’s operations:
Niryat Protsahan: Targeted on easing entry to inexpensive commerce finance for MSMEs by way of devices like curiosity subvention, export factoring, collateral ensures, e-commerce export bank cards, and credit score enhancement for diversification into new markets.
Niryat Disha: Geared towards non-financial enablers, together with export high quality certification, worldwide branding, packaging assist, participation in commerce gala’s, export warehousing, inland transport reimbursement, commerce analytics, and capacity-building programmes.
These interventions consolidate key current initiatives such because the Curiosity Equalisation Scheme (IES) and the Market Entry Initiative (MAI) right into a single, adaptive platform aligned with fashionable commerce necessities.
Structural challenges
The EPM is designed to beat 4 main hurdles which have traditionally constrained Indian exports:
Restricted and costly entry to commerce finance;
Excessive prices of compliance with world requirements;
Weak branding and fragmented worldwide market outreach;
Logistical disadvantages for exporters in non-coastal and low-export-intensity districts.
To mitigate these, the Mission will prolong precedence assist to sectors impacted by latest world tariff hikes — together with textiles, leather-based, gems and jewelry, engineering items, and marine merchandise. These sectors are essential for sustaining export orders, defending jobs, and diversifying India’s presence in new markets.
Anticipated influence
The Directorate Normal of Overseas Commerce (DGFT) will function the implementing company, overseeing all processes from utility to fund disbursal by way of a devoted digital platform built-in with India’s current commerce techniques.
The Export Promotion Mission (EPM) is predicted to increase MSMEs’ entry to inexpensive commerce finance, improve export readiness and compliance requirements, and strengthen India’s presence in world provide chains. It additionally goals to spice up exports from non-traditional districts and generate large-scale employment throughout manufacturing, logistics, and allied sectors.
By consolidating a number of export assist schemes right into a single, performance-driven framework, the Mission marks a significant coverage shift towards an built-in and outcome-based strategy, positioning India for sustained, broad-based export-led progress and improved competitiveness in worldwide markets over the approaching decade.
