India's Export Promotion Mission Launched to Boost Global Trade

India has launched the Export Promotion Mission (EPM) to unify export-support schemes and enhance the global competitiveness of MSMEs and labour-intensive sectors. This initiative is crucial for UPSC aspirants focusing on GS Paper 3, which covers economic development. Last Updated: 2025-12-10

Key Facts About Export Promotion Mission

• Export Promotion Mission (EPM) launched to unify export-support schemes.
• Budget of Rs 25,060 crore allocated for FY 2025-26 to FY 2030-31.
• Aims to strengthen MSMEs and labour-intensive sectors.
• Operates through Niryat Protsahan (financial support) and Niryat Disha (non-financial support).
• Utilizes a DGFT-run digital platform for efficient processing.
• India’s exports reached USD 778.21 billion in 2023-24.
• Export growth driven by high-value manufacturing and a strong services sector.
• Services sector contributes nearly 44% of total exports.

India's Export Growth and Global Trade Competitiveness

The Export Promotion Mission is a strategic move to boost India's global trade presence, aligning with the country's economic goals of becoming a Viksit Bharat @ 2047. With exports reaching USD 778.21 billion in 2023-24, India is leveraging its high-value manufacturing and robust services sector to enhance competitiveness. The mission supports India's ambition to reduce logistics costs and improve infrastructure, making it a key player in international markets.

Related Government Schemes/Policies

• Credit Guarantee Scheme for Exporters (CGSE): Provides financial security to exporters.
• PM Gati Shakti: Integrates infrastructure planning for logistics improvements.
• National Logistics Policy: Aims to reduce logistics costs.
• Production Linked Incentive (PLI) schemes: Boost manufacturing exports.
• Free Trade Agreements (FTAs): Enhance market access.

UPSC Relevance

• GS Paper 3: Economic Development - Focus on export promotion, MSME growth, and logistics.
• Prelims: Questions on budget allocations, scheme names, and export figures.
• Mains: Analytical themes on India's trade policies, economic growth strategies, and global competitiveness.
• Essay Paper: Topics on India's economic transformation and global trade dynamics.

FAQ Section

• What is the Export Promotion Mission?
  The Export Promotion Mission (EPM) is an initiative launched by India to unify export-support schemes, with a focus on enhancing the global competitiveness of MSMEs and labour-intensive sectors.
• Why is the Export Promotion Mission important?
  The EPM is crucial for boosting India's exports, which reached USD 778.21 billion in 2023-24, and for supporting the country's economic goals of becoming a developed nation by 2047.
• What are the key features of the Export Promotion Mission?
  Key features include a budget of Rs 25,060 crore, operation through Niryat Protsahan and Niryat Disha, and the use of a digital platform for efficient implementation.