Commerce Ministry Set to Launch Eight Export Promotion Components Next Week
The commerce ministry is poised to roll out eight critical components of the ₹25,060-crore Export Promotion Mission (EPM) as early as next week, according to a senior government official. This initiative aims to significantly enhance India's export capabilities through targeted support mechanisms.
Comprehensive Export Promotion Framework
In November last year, the Union Cabinet approved two major schemes with a combined outlay exceeding ₹45,000 crore. These include the Export Promotion Mission (₹25,060 crore) and the Credit Guarantee Scheme (₹20,000 crore), designed to provide comprehensive support to exporters across various sectors.
The Export Promotion Mission operates through two integrated sub-schemes: Niryat Protsahan (Financial Enablers) and Niryat Disha (Non-Financial Enablers). Together, these address both financial and non-financial barriers to export growth.
Financial Support Through Niryat Protsahan
The Niryat Protsahan sub-scheme focuses on improving access to affordable trade finance for MSME exporters through multiple instruments:
- Interest subvention on pre- and post-shipment credit
- Export factoring and deep-tier financing
- Credit cards specifically designed for e-commerce exporters
- Collateral support for export credit
- Credit enhancement for new or high-risk markets
Non-Financial Support Through Niryat Disha
On the other hand, the Niryat Disha sub-scheme aims to enhance market readiness and competitiveness through:
- Support for export quality and compliance, including testing, certification, and audits
- International branding and packaging assistance
- Participation in trade fairs and buyer-seller meets
- Export warehousing and logistics support
- Inland transport reimbursements for exporters from remote districts
- Capacity-building at clusters, associations, and district-level facilitation cells
Recent Export Support Initiatives
This upcoming rollout follows several recent export support measures. In December 2025, the government introduced the ₹4,531-crore Market Access Support scheme. Subsequently, in January, a ₹7,295-crore export support package was announced, comprising a ₹5,181-crore interest subvention scheme along with a ₹2,114-crore collateral support initiative to improve exporters' access to credit.
All these measures are scheduled to be implemented over a six-year period from 2025 to 2031, providing sustained support to India's export ecosystem.
Focus on E-commerce and Factoring Services
The commerce ministry official confirmed that the eight components to be launched next week will specifically address critical areas such as e-commerce, warehousing, and factoring services. "Now we are working to roll out eight components of the EPM. It has been finalised. We will announce the rollout next week," the official stated.
Export factoring services, while widely used globally with an estimated market size of USD 758 billion, have seen limited adoption in India, currently valued at only USD 1 billion. This low adoption is attributed to high factoring costs involving elevated interest rates, higher risk premiums, and lack of parity with existing subvention schemes.
The upcoming components aim to address these challenges and create a more favorable environment for export factoring, potentially unlocking significant growth opportunities for Indian exporters in the global marketplace.
