Export Promotion Mission Launched

The Government has launched the Export Promotion Mission to strengthen India’s export competitiveness, with a strong focus on MSMEs, first-time exporters and labour-intensive sectors. Approved by the Union Cabinet on 12 November 2025, the Mission has an outlay of ₹25,060 crore for FY 2025–26 to FY 2030–31. It is jointly implemented by the Department of Commerce, Ministry of MSME and Ministry of Finance.

Mission Structure

The Mission has two integrated sub-schemes. NIRYAT PROTSAHAN focuses on affordable and diversified trade finance. NIRYAT DISHA supports non-financial enablers such as market access, branding, regulatory compliance, logistics and trade intelligence. The overall aim is to improve export readiness and support value-added exports.

Interest Subvention for Export Credit

Under NIRYAT PROTSAHAN, interest subvention has been introduced for pre- and post-shipment rupee export credit.

• A base interest subvention of 2.75 per cent has been provided.
• Additional incentive may be offered for exports to notified under-represented or emerging markets, subject to readiness.
• The benefit applies only to exports covered under a notified positive list of tariff lines at HS six-digit level.
• The list covers about 75 per cent of India’s tariff lines and reflects high MSME participation.
• An exporter-wise annual cap of ₹50 lakh per IEC has been fixed for FY 2025–26.
• Rates will be reviewed bi-annually in March and September.

Collateral Support and Export Goals

A second intervention provides collateral guarantee support for export credit in partnership with CGTMSE.

• Coverage will be up to 85 per cent for Micro and Small exporters.
• Coverage will be up to 65 per cent for Medium exporters.
• The maximum outstanding guaranteed exposure is ₹10 crore per exporter in a financial year.
• The measure is designed to ease collateral constraints and improve bank lending to export-oriented MSMEs.

The Mission will be rolled out on a pilot basis, with continuous monitoring and data-driven refinement. It seeks to lower export costs, expand access to finance, diversify markets and strengthen India’s export brand.

Implementation and Strategic Significance

Detailed operational guidelines for the interest subvention will be issued by the Reserve Bank of India, while CGTMSE will notify the collateral support framework. The inclusion of defence and SCOMET-notified products also indicates support for strategic exports. The Mission is intended to help Indian exporters integrate more deeply into global value chains and sustain export-led growth.