Recently, the Union Cabinet approved the Export Promotion Mission (EPM) for the period FY 2025–26 to FY 2030–31. This mission is designed to strengthen India’s export ecosystem and enhance competitiveness across key sectors.
The EPM is a flagship initiative announced in the Union Budget 2025–26. Its primary objective is to boost India’s export competitiveness, focusing particularly on MSMEs, first-time exporters, and labour-intensive industries. The Directorate General of Foreign Trade (DGFT) will implement this mission.
A dedicated digital platform will be developed, integrating with existing trade systems. This platform aims to facilitate streamlined, end-to-end processing for exporters.
The mission seeks to:
For instance, after a 50% US tariff hike, India’s exports to the US saw a 12% decline in September 2025, particularly impacting engineering goods, which experienced a 9.4% drop.
Aligned with the vision of Viksit Bharat @2047, the EPM is a strategic, tech-driven initiative aimed at building a more inclusive, resilient, and globally competitive export ecosystem.
The EPM consolidates essential export-support schemes, such as the Interest Equalisation Scheme (IES) and the Market Access Initiative (MAI), into a unified, modernized framework. This framework is tailored to current global trade realities, offering a flexible, digitally driven architecture to deliver targeted support for exporters.
The EPM includes several sub-schemes designed to assist MSMEs:
This sub-scheme focuses on improving MSME access to trade finance by offering:
This component provides non-financial assistance to MSMEs, including:
The mission prioritizes sectors that are most affected by global tariff increases and supply disruptions. These sectors include:
Q1. What is the primary goal of the Export Promotion Mission (EPM)?
Answer: The primary goal of the EPM is to enhance India’s export competitiveness, focusing on supporting MSMEs and first-time exporters while addressing challenges from global trade dynamics.
Q2. How will the EPM support MSMEs?
Answer: The EPM will support MSMEs through financial assistance, compliance readiness, market visibility enhancement, and promotion of exports from non-traditional districts.
Q3. What are the key sub-schemes under the EPM?
Answer: The key sub-schemes under the EPM include NIRYAT PROTSAHAN, focusing on trade finance, and NIRYAT DISHA, which offers non-financial assistance for capacity building and logistics.
Q4. Why is the EPM considered a strategic initiative?
Answer: The EPM is strategic because it aligns with the national vision of Viksit Bharat @2047, aiming to create a resilient and globally competitive export ecosystem through technology and inclusivity.
Q5. Which sectors are prioritized by the EPM?
Answer: The EPM prioritizes sectors such as textiles, leather, gems & jewellery, engineering goods, and marine products, especially those affected by global tariff increases.
Question 1: What is the duration of the Export Promotion Mission (EPM)?
A) FY 2023-24 to FY 2025-26
B) FY 2025-26 to FY 2030-31
C) FY 2024-25 to FY 2028-29
D) FY 2023-24 to FY 2030-31
Correct Answer: B
Question 2: Which agency will implement the Export Promotion Mission?
A) Ministry of Commerce
B) Directorate General of Foreign Trade
C) Export Development Agency
D) Ministry of MSME
Correct Answer: B
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