UP aims at doubling MSME exports to Rs 2.4 trillion in three years

Export promotion policy on anvil, seeks to substitute Chinese exports

Despite the Covid-19-induced slowdown in business activities globally, the Uttar Pradesh government is targetting to double micro, small and medium enterprises (MSME) in the next three years to touch Rs 2.40 trillion.

During 2018-19 and 2019-20 financial years, the MSME exports from UP stood at nearly Rs 1.14 trillion and Rs 1.20 trillion respectively.

“We have set the target of doubling our exports in the coming three years to touch Rs 2.40 trillion,” UP additional chief secretary, MSME and export promotion, Navneet Sehgal told Business Standard here.

He informed a new export promotion policy was already on the anvil to augment shipments from