Cabinet To Greenlight Rs 25,000 Crore Export Promotion Mission, Says Sources
The Union Cabinet is set to approve a major ₹25,000 crore Export Promotion Mission aimed at strengthening India’s global trade presence and enhancing export competitiveness across multiple sectors. This initiative, part of the government’s broader strategy to achieve ambitious export targets, is expected to support manufacturing, MSMEs, and emerging industries through infrastructure upgrades, technology adoption, and incentives. The scheme will focus on improving product quality, promoting brand India, and diversifying export markets beyond traditional regions. Additionally, it seeks to address logistical challenges and streamline processes to help exporters reduce costs and delivery times. The move comes at a time when India is pushing to achieve sustained export growth amid shifting global supply chains. Once approved, the mission will involve close coordination between ministries, export councils, and industry bodies to ensure timely execution and maximum impact on India’s trade performance.
The Key points
- Union Cabinet to approve ₹25,000 crore export promotion plan.
- Initiative targets India’s manufacturing and MSME sectors.
- Aims to boost export competitiveness and quality standards.
- Focus on diversifying markets beyond traditional regions.
- Encourages innovation and technology adoption in exports.
- Infrastructure and logistics improvements are prioritized.
- Simplified export processes to cut costs and delays.
- Supports “Make in India” and “Brand India” initiatives.
- Multi-ministry coordination ensures efficient implementation.
- Expected to strengthen India’s global trade position.
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