Export Promotion Mission

Export Promotion Mission Latest News

Recently, the union cabinet has approved the Export Promotion Mission (EPM) which was announced in the Union Budget 2025–26.

About Export Promotion Mission

It is a flagship initiative to strengthen India’s export competitiveness, particularly for MSMEs, first-time exporters, and labour-intensive sectors. 

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Features of Export Promotion Mission

• It will provide a comprehensive, flexible, and digitally driven framework for export promotion.
• Time Period and Funding: Rs.25,060 crore for FY 2025–26 to FY 2030–31.
• It marks a strategic shift from multiple fragmented schemes to a single, outcome-based, and adaptive mechanism.
• Collaborative framework: It involves the Department of Commerce, Ministry of MSME, Ministry of Finance, and other key stakeholders.
• It consolidates key export support schemes such as the Interest Equalisation Scheme (IES) and Market Access Initiative (MAI), aligning them with contemporary trade needs.
• Under EPM, priority support will be extended to sectors impacted by recent global tariff escalations, such as textiles, leather, gems & jewellery, engineering goods, and marine products.
• Implementing Agency: The Directorate General of Foreign Trade (DGFT)

Sub-schemes Under Export Promotion Mission

• NIRYAT PROTSAHAN: It focuses on improving access to affordable trade finance for MSMEs through a range of instruments such as interest subvention, export factoring, collateral guarantees etc.
• NIRYAT DISHA: It focuses on non-financial enablers that enhance market readiness and competitiveness such as export quality and compliance support, assistance for international branding, packaging,export warehousing and logistics etc.

Source: PIB