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India launches a ₹25,060 crore export push to aid MSMEs and offset U.S. tariff impacts.
India has approved a ₹25,060 crore Export Promotion Mission (EPM) to boost exports, focusing on MSMEs, first-time exporters, and labor-intensive sectors hit by U.S. tariffs.
The EPM, running from 2025–26 to 2030–31, replaces fragmented schemes with a unified digital platform offering financial and non-financial support.
It includes interest subventions, credit guarantees, and assistance with compliance, branding, logistics, and market access.
A separate credit guarantee scheme provides collateral-free loans up to ₹20,000 crore, prioritizing small exporters.
The move aims to counteract export declines caused by steep U.S. tariffs, particularly on textiles, jewelry, and seafood, and supports India’s long-term goal of becoming a major global trade player.
India lanza un impulso de exportación de ₹25,060 crore para ayudar a las MSME y compensar los impactos arancelarios de EE. UU.