Government readies ₹25,000 crore export promotion mission to shield Indian exporters from tariff pressures
The Indian government is finalising a ₹25,000 crore support package under the Export Promotion Mission (EPM), announced in the Union Budget 2025–26, to assist exporters over FY2025–31. The proposal has been submitted to the Expenditure Finance Committee (EFC) for clearance and will subsequently be placed before the Union Cabinet.
The EPM will function through two flagship schemes:
1. Niryat Protsahan (₹10,000+ crore)
Interest equalisation support exceeding ₹5,000 crore.
New financing avenues, including a dedicated export credit card for e-commerce exporters.
Liquidity gap funding tailored for MSMEs.
2. Niryat Disha (₹14,500+ crore)
Export quality and compliance support worth ₹4,000 crore.
Overseas branding and market development initiatives (₹4,000 crore).
Investments in warehousing, logistics, and skill building.
Programs to integrate Indian firms into global value chains.
The mission will be implemented in collaboration with the Department of Commerce, MSME Ministry, Finance Ministry, Exim Bank, ECGC, CGTMSE, NCGTC, export promotion councils, commodity boards, industry associations, and state governments.
Officials said the package is designed to expand affordable trade finance access—particularly for micro, small, and medium enterprises (MSMEs)—while equipping exporters to capture new markets.
India’s trade performance remains resilient despite headwinds. Exports rose 7.29% in July 2025 to $37.24 billion, though the trade deficit widened to an eight-month high of $27.35 billion. Between April–July 2025–26, exports grew 3.07% to $149.2 billion, while imports increased 5.36% to $244.01 billion.
Analysts note that with tariff barriers tightening globally, the EPM will play a pivotal role in sustaining export momentum and strengthening India’s trade competitiveness.
