Tuesday, 02 January 2024 12:17 GMT

Govt Expands MSME Export Support Through New Schemes & Digital Framework


(MENAFN- KNN India) New Delhi, Dec 11 (KNN) The Ministry of Micro, Small and Medium Enterprises (MSME) is scaling up multiple initiatives to strengthen export preparedness, global market access, and competitiveness among micro and small enterprises, Minister of State Shobha Karandlaje said in written reply to a question in the Lok Sabha.

The Minister said that government is implementing the International Cooperation Scheme to support MSME participation in international exhibitions, fairs, buyer–seller meets, and global workshops held in India.

The scheme also provides assistance to first-time exporters for Registration-cum-Membership Certification (RCMC) with Export Promotion Councils (EPCs), export insurance premiums, and testing and quality certification.

Between 2020–21 and 2024–25, a total of 1,361 MSMEs benefited from this support, enabling them to adapt to technological changes, shifting market demand, and emerging export opportunities.

The Government has further approved the Export Promotion Mission (EPM) on 12 November 2025 to build a comprehensive and digitally driven export promotion framework.

With an outlay of Rs. 25,060 crore for FY 2025–26 to FY 2030–31, the Mission will operate through two components: NIRYAT PROTSAHAN, focused on trade finance facilitation for MSME exporters, and NIRYAT DISHA, which will provide non-financial enablers such as export-compliance support, international branding assistance, logistics and warehousing support, participation in trade fairs, inland transport reimbursements, and export intelligence and capacity-building initiatives.

To enhance productivity and competitiveness at the enterprise level, the Ministry is also advancing the Micro and Small Enterprises Cluster Development Programme (MSE-CDP).

The programme supports the establishment of Common Facility Centres (CFCs), and the development or upgradation of industrial areas and flatted factory complexes.

In the last five years, 190 projects-comprising 82 CFCs and 108 infrastructure development (ID), projects have been approved under the cluster development scheme.

Recent trade data indicates a rise in the MSME sector's contribution to India's merchandise exports, increasing from 45.74 per cent in 2023–24 to 48.55 per cent in 2024–25 in USD value terms, reflecting the sector's growing role in driving export performance

(KNN Bureau)

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