India's Export Promotion Mission: Eight Components Set to Launch

India's Export Promotion Mission: Eight Components Set to Launch.webp


New Delhi, February 12 The commerce ministry is likely to launch eight components of the Rs 25,060-crore Export Promotion Mission, including e-commerce, factoring services, and warehousing, a senior government official said.

In November last year, two schemes were approved by the Union Cabinet with a combined outlay of over Rs 45,000 crore – the Export Promotion Mission (Rs 25,060 crore) and the Credit Guarantee Scheme (Rs 20,000 crore).

The Export Promotion Mission (EPM) operates through two integrated sub-schemes – Niryat Protsahan (Financial Enablers); and Niryat Disha (Non-Financial Enablers) that together address both financial and non-financial enablers.

Niryat Protsahan focuses on improving access to affordable trade finance for MSME exporters through instruments such as interest subvention on pre- and post-shipment credit, export-factoring, and deep-tier financing, credit cards for e-commerce exporters, collateral support for export credit, and credit enhancement for new or high-risk markets.

On the other hand, the Niryat Disha sub-scheme aims to raise market readiness and competitiveness through support for export quality and compliance (testing, certification, audits), international branding and packaging assistance, participation in trade fairs and buyer-seller meets, export warehousing and logistics, inland transport reimbursements for remote-district exporters, and capacity-building at clusters, associations, and district-level facilitation cells.

In December 2025, the government launched the Rs 4,531-crore Market Access Support scheme.

In January, the government announced a Rs 7,295-crore export support package, comprising a Rs 5,181-crore interest subvention scheme along with a Rs 2,114-crore collateral support, to improve exporters' access to credit.

These measures will be rolled out over a period of six years (2025-31).

"Now, we are working to launch the eight components of the EPM. It has been finalized. We will announce the launch next week," the commerce ministry official said, adding that the components will cover issues such as e-commerce, warehousing, and factoring services.

Export factoring services, a widely used financing instrument globally, have low adoption in India due to high factoring costs, involving higher interest rates, higher risk premiums, and a lack of parity with subvention schemes.

The global cross-border factoring is estimated at USD 758 billion, but in India, it is only USD 1 billion.
 
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credit guarantee scheme e-commerce export financing export promotion factoring services market access support small and medium enterprises trade finance warehousing
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