India Accelerates Export Push with Goyal’s Mission Launch

By Admin

20 Feb, 2026

Piyush goyal  is set to launch the ambitious ₹25,060-crore Export Promotion Mission (EPM) on February 20, 2026, marking a major step in India’s strategy to strengthen its global trade footprint. The initiative comes at a time when global supply chains are being reshaped by geopolitical tensions, new Free Trade Agreements (FTAs), and shifting tariff structures.

The Export Promotion Mission is designed not just as a financial package but as a structural reform framework to enhance India’s competitiveness across global markets.

A Dual Strategy for Export Growth

The Export Promotion Mission is structured into two powerful components:

1. Niryat Protsahan – ₹10,401 Crore

Focused on financial assistance, this segment aims to empower exporters, especially MSMEs, through:

• Interest subvention on MSME export credit
• Factoring support to improve liquidity
• Credit guarantees to reduce risk exposure

This financial backing ensures that small and medium exporters can compete confidently in international markets, even amid rising global uncertainties and tariff pressures.

2. Niryat Disha – ₹14,659 Crore

This component emphasizes non-financial support mechanisms, including:

• Participation in international trade fairs
• Global branding and marketing initiatives
• Warehousing and logistics reimbursements
• Export infrastructure enhancement

Together, these initiatives create a comprehensive support ecosystem that strengthens both production capacity and global visibility.

Strategic Timing Amid Global Trade Shifts

Approved in November 2025, the mission responds directly to global trade realignments, including US tariff measures and evolving trade blocs. India is leveraging new and ongoing trade agreements with:

• The United States
• The United Kingdom
• The European Union
• The European Free Trade Association (EFTA)

These agreements are aimed at diversifying export destinations and reducing dependency on limited markets, ensuring long-term trade resilience.

MSME Empowerment and Sectoral Focus

During recent Export Promotion Council (EPC) meetings, Piyush Goyal emphasized deeper global integration and stronger MSME participation. Key focus sectors include:

• Agriculture and agri-processed goods
• Pharmaceuticals
• Textiles and apparel

The mission also extends the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme until March 2026, providing continued cost relief to exporters.

Quality enhancement, regulatory compliance, and state-level collaboration especially for landlocked exporters form an integral part of the strategy. This ensures inclusive growth across regions.

Logistics Reforms and Maritime Strengthening

A core pillar of the EPM is logistics transformation. The mission prioritizes:

• Enhanced port-hinterland connectivity
• Faster cargo movement
• Reduced turnaround times
• Digital trade facilitation

With container volumes to Europe surging through the India-Middle East-Europe Economic Corridor (IMEC), India is positioning itself as a resilient maritime trade hub. Strengthened trade corridors will help mitigate risks arising from geopolitical disruptions and shipping route uncertainties.

Improved connectivity ensures that exporters from inland states can access global markets efficiently, reducing cost burdens and improving delivery timelines.

Building Export Resilience for the Future

The ₹25,060-crore Export Promotion Mission is more than a stimulus it is a structural pivot toward long-term competitiveness. By combining financial relief, branding support, logistics reforms, and global market access, India is reinforcing its ambition to become a leading export powerhouse.

With focused policy direction, MSME empowerment, and enhanced maritime connectivity, the mission positions Indian exports to withstand global volatility while unlocking new growth opportunities across continents.

India’s export journey is accelerating and the foundation for a resilient, diversified, and globally integrated trade ecosystem is now firmly in place.