Thr. 30th April 2026
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Insights Micro and small enterprises (MSEs) and agricultural exports should remain a key focus across all components of the Export Promotion Mission (EPM), Indian Minister of Commerce and Industry Piyush Goyal has said. Market access support should be extended beyond Export Promotion Councils to include other field-level organisations engaged in promoting exports, he said. Ten EPM components have been operational. |
Micro and small enterprises (MSEs) and agricultural exports should remain a key focus across all components of the Export Promotion Mission (EPM), according to Indian Minister of Commerce and Industry Piyush Goyal, who recently said market access support should be extended beyond Export Promotion Councils (EPCs) to include other field-level organisations engaged in promoting exports.
Goyal said this while chairing a high-level review meeting to deliberate on the plan of action for achieving India’s $2-trillion export target by fiscal 2030-31 (FY31) and review EPM implementation.
The EPM is being implemented through two integrated sub-schemes, ‘Niryat Protsahan’, focused on access to trade finance, and ‘Niryat Disha’, focused on market access.
Ten components under the EPM have been operationalised—interest subvention; alternative trade finance (export factoring); credit assistance for e-commerce exporters; collateral support for export credit; risk sharing for emerging export opportunities; support for testing, inspection and certification; market access support; support for export warehousing and logistics; support for inland transport and handling; and support for trade facilitation and intelligence, he said.
He suggested a rolling three-year calendar of trade fairs, buyer-seller meets, reverse buyer-seller meets and trade delegations to provide greater predictability to exporters and EPCs.
Goyal emphasised that all initiatives must translate into tangible support for exporters in areas like finance, market access, compliance, logistics and brand visibility, a release from his ministry said.
The department of commerce has developed a structured export monitoring framework, which breaks down the national target into sector-wise actions across textiles, engineering goods, electronics, pharmaceuticals, chemicals and services.
An information technology-enabled monitoring platform is needed to facilitate regular tracking of progress, with an automated escalation mechanism for review at the levels of secretary and minister, he said.
Priority sectors must be identified where a clearly defined import substitution strategy can be pursued alongside efforts to boost exports, he added.
Micro and small enterprises (MSEs) and agricultural exports should remain a key focus across all components of the Export Promotion Mission (EPM), according to Indian Minister of Commerce and Industry Piyush Goyal, who recently said market access support should be extended beyond Export Promotion Councils (EPCs) to include other field-level organisations engaged in promoting exports.
Goyal said this while chairing a high-level review meeting to deliberate on the plan of action for achieving India’s $2-trillion export target by fiscal 2030-31 (FY31) and review EPM implementation.
The EPM is being implemented through two integrated sub-schemes, ‘Niryat Protsahan’, focused on access to trade finance, and ‘Niryat Disha’, focused on market access.
Ten components under the EPM have been operationalised—interest subvention; alternative trade finance (export factoring); credit assistance for e-commerce exporters; collateral support for export credit; risk sharing for emerging export opportunities; support for testing, inspection and certification; market access support; support for export warehousing and logistics; support for inland transport and handling; and support for trade facilitation and intelligence, he said.
He suggested a rolling three-year calendar of trade fairs, buyer-seller meets, reverse buyer-seller meets and trade delegations to provide greater predictability to exporters and EPCs.
Goyal emphasised that all initiatives must translate into tangible support for exporters in areas like finance, market access, compliance, logistics and brand visibility, a release from his ministry said.
The department of commerce has developed a structured export monitoring framework, which breaks down the national target into sector-wise actions across textiles, engineering goods, electronics, pharmaceuticals, chemicals and services.
An information technology-enabled monitoring platform is needed to facilitate regular tracking of progress, with an automated escalation mechanism for review at the levels of secretary and minister, he said.
Priority sectors must be identified where a clearly defined import substitution strategy can be pursued alongside efforts to boost exports, he added.