The government on Friday announced seven measures, including credit assistance for e-commerce exporters and support for alternative trade instruments, with an aim to promote the country's outbound shipments. These measures are part of the Rs 25,060-crore export promotion mission. Out of 10 components of the mission, three have already been rolled out in January. To support exporters using digital channels, the commerce ministry announced credit facilities with interest subvention and partial credit guarantees. The Direct E-Commerce Credit Facility will provide support up to Rs 50 lakh with 90 per cent guarantee coverage. The Overseas Inventory Credit Facility will extend support up to Rs 5 crore with 75 per cent guarantee coverage, and an interest subvention of 2.75 per cent will be available, subject to an annual ceiling of Rs 15 lakh per applicant, the commerce ministry said. To promote export factoring as an affordable working capital solution for MSMEs, an interest subvention
The past months have witnessed trade deals with economic giants augmenting investor-friendly confidence in India's global trade agenda
India-EU FTA signals a strategic shift toward export-led growth, but without deeper trade, tariff and investment reforms, its full economic potential may remain unrealised
India has exported 2,01,547 tonnes of sugar through February in the current 2025-26 marketing year, with the United Arab Emirates the top destination, the All India Sugar Trade Association (AISTA) said on Monday. Sugar exports remain under government control through quotas distributed proportionally among mills. The central government has approved total exports of 2 million tonnes for the 2025-26 marketing year (October-September), including an additional 500,000 tonnes permitted recently. White sugar accounted for 163,000 tonnes of total shipments, with refined sugar making up 37,638 tonnes, AISTA said in a statement. The UAE received the largest volume at 47,006 tonnes, followed by Afghanistan with 46,163 tonnes, Djibouti with 30,147 tonnes, and Bhutan with 20,017 tonnes. India's sugar production is estimated to rise 13 per cent to 29.6 million tonnes in the 2025-26 marketing year ending September, excluding diversion for ethanol, AISTA said in its first estimate for the marketin
The commerce ministry is likely to roll out 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 -- 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 finance and non-financial enablers. The 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 ot
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Addressing a press conference, the commerce minister hailed the India-US trade framework, adding that it protects farmers, boosts exports, and strengthens bilateral trade ties
An overhaul of the existing two-decade-old law governing SEZs has been under discussion for almost four years
Relying on the volatile sector has caused the state's share of national exports to slide
The punitive 50 per cent US tariffs since August already hurt the exporters' order volumes in the typically busy winter and Christmas season in 2025
India's exports to the US increased by nearly $6 billion in FY26 (Apr-Nov) year-on-year
India's shrimp exporters are countering US tariffs by boosting shipments to new markets, backed by strong aquaculture growth, technology upgrades and government support
Despite multiple deadline extensions, India failed to reach a trade deal with the US in 2025, leaving exporters grappling with steep tariffs that reshaped competitiveness across key sectors
Domestic auto component manufacturers will face enhanced cost pressures with Mexico hiking duties on Indian imports, according to industry body ACMA. Auto parts exports to Mexico in FY25 stood at USD 834 million, and in the first half of the current fiscal, the shipments stood at USD 370 million. "Mexico's revised import duties on non-FTA partners, including India, could add cost pressures for our exporters," the Automotive Component Manufacturers Association of India (ACMA) Director General Vinnie Mehta told PTI. ACMA remains hopeful that ongoing bilateral dialogue between the two governments will ensure stability and continuity in the growing automotive trade, he added. India's auto component exports to Mexico largely comprise powertrain and driveline parts, precision forgings, chassis and brake systems, and key electrical and aftermarket products. There is a strong demand, especially for forgings and precision-machined components. Mexico's Senate approved the new tariff measure
India's marine sector exports rose by 16.18 per cent to USD 4.87 billion during April-October this fiscal mainly on account of healthy growth in non-US markets, including China, Vietnam, Russia, Canada and the UK, according to the commerce ministry data. The exports to the US have been impacted because of 50 per cent tariffs on Indian marine products. An official said that a noteworthy shift in trade patterns in the sector has been witnessed during the period. The United States, traditionally India's largest shrimp market, registered a 7.43 per cent decline in exports to USD 85.47 million. "However, this shortfall was more than compensated by a spectacular rise in shipments to China, Vietnam, Belgium, Japan, Russia, Canada and the UK," the official said. These gains reflect both a diversification in export destinations and a structural shift in global sourcing trends, as buyers in Asia and Europe increasingly turn toward Indian suppliers for consistent quality and competitive ...
The Board of Trade (BoT) is scheduled to meet on Tuesday, chaired by Commerce and Industry Minister Piyush Goyal, to discuss strategies to boost India's exports amid the steep tariffs imposed by the US, an official has said. Headed by the minister, the board includes participants from various states, Union territories, and senior officials from the public and private sectors. In the meeting, representatives of export promotion councils, along with other participants, will present their views on the export sector. "The BoT is meeting on November 25," the official said. The meeting is important as the country's exports fell by a steep 11.8 per cent to USD 34.38 billion in October on account of the impact of high tariffs by the US, while the trade deficit widened to a record high of USD 41.68 billion, mainly due to a jump in gold imports. India and the US are negotiating a bilateral trade agreement. The first phase of the pact is expected to be announced soon, which would address the
The scheme will be implemented through the Directorate General of Foreign Trade (DGFT)
India's textile exports to 111 countries recorded a 10 per cent year-on-year growth during April-September, demonstrating remarkable resilience in the first half of the financial year despite global headwinds and tariff-related challenges in major markets, the government said. These 111 markets contributed USD 8,489.08 million during April-September 2025, compared to USD 7,718.55 million in the previous year, reflecting a 10 per cent growth and an absolute increase of USD 770.3 million, the textile ministry said on Wednesday. Overall, India's global exports of textiles, apparel and made-ups grew marginally by 0.1 per cent during April-September 2025, compared to the corresponding period in 2024. Some of the large export markets for India, which clocked impressive growth rates, were the UAE (14.5 pc), the UK (1.5 pc), Japan (19 pc), Germany (2.9 pc), Spain (9 pc) and France (9.2 pc). On the other hand, some of the other markets that recorded higher growth rates were Egypt (27 pc), .
The successful rollout of the Export Promotion Mission, approved by the government on Wednesday, will depend on swift issuance of detailed guidelines, adequate funding, and building strong coordination mechanisms, think tank GTRI said on Thursday. The government approved Rs 25,060 crore Export Promotion Mission which seeks to strengthen India's export competitiveness, particularly for MSMEs, first-time exporters, and labour-intensive sectors. The Global Trade Research Initiative (GTRI) said the total outlay of Rs 25,060 crore over six years is less than Rs 4,200 crore per year. Last year alone, the Interest Equalisation Scheme cost more than Rs 3,500 crore, leaving very limited funds for the many activities, such as branding, packaging, trade fairs, compliance, and logistics, it said. Another issue, it said, eight months of 2025-26 have already passed and older programmes like MAI (market access Initiative) and IES, which operated until last year, have made no payouts this year, ..
Prime Minister Narendra Modi will meet exporters or certain labour-intensive sectors on Monday to discuss measures to enhance the country's competitiveness in the global trade, according to exporters. Representatives from sectors including apparel, leather, gems and jewellery, handicrafts, engineering, and seafood will participate in the meeting, they said. Heads of export promotion councils of these sectors would attend the meeting. The meeting assumes significance as labour intensive sectors are facing challenges due to a steep 50 per cent tariffs imposed by the US on Indian goods, barring few sectors. Tariffs or import duties play a key role in competitiveness of goods and services. India and the US are negotiating a bilateral trade agreement. India's share in the global trade is about 2 per cent (1.6 per cent in global goods exports and 3.3 per cent in services). India's exports grew 6.74 per cent to USD 36.38 billion in September, while imports jumped 16.6 per cent, widening