The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Export Promotion Mission (EPM) — a flagship programme announced in the Union Budget 2025–26 to strengthen India’s export competitiveness, especially for MSMEs, first-time exporters, and labour-intensive sectors. The Mission has a total outlay of Rs 250.60 billion for the period FY 2025–26 to FY 2030–31. It marks a decisive shift from multiple fragmented export-support schemes to a unified, outcome-driven and highly adaptive framework capable of responding swiftly to global trade volatility and evolving exporter needs. EPM will run through a collaborative approach involving the Department of Commerce, Ministry of MSME, Ministry of Finance, Financial Institutions, Export Promotion Councils, Commodity Boards, industry bodies, and state governments. Two Integrated Sub-Schemes NIRYAT PROTSAHAN Aims to improve MSMEs’ access to affordable trade finance through instruments such as interest subvention, export factoring, collateral guarantees, specialised credit cards for e-commerce exporters, and credit-enhancement support for entry into new markets. NIRYAT DISHA Focuses on non-financial enablers such as export-quality compliance, international branding and packaging assistance, support for participation in global trade fairs, export warehousing and logistics, inland transport reimbursements, trade intelligence, and capacity-building. EPM consolidates major export-support schemes, including the Interest Equalisation Scheme (IES) and the Market Access Initiative (MAI), aligning them with modern trade requirements. Addressing Key Export Challenges The Mission is designed to resolve persistent barriers to export growth, including: restricted and costly trade finance, high compliance costs for global standards, weak international branding and fragmented market outreach, and logistical constraints faced by exporters in interior regions. Priority support will be extended to sectors hit by recent global tariff increases, such as textiles, leather, gems and jewellery, engineering goods, and marine products. These measures will help safeguard export orders, protect employment and aid diversification into new geographies. Implementation The Directorate General of Foreign Trade (DGFT) will serve as the implementing agency, with all applications and disbursals managed through a dedicated digital platform integrated with existing trade systems. Expected Outcomes The Mission is projected to: expand MSMEs’ access to affordable trade finance, strengthen export readiness through compliance support, enhance global market access for Indian products, boost exports from non-traditional districts and emerging sectors, and generate employment across manufacturing, logistics and allied services. EPM represents a forward-looking reform to make India’s export ecosystem more inclusive, technology-enabled and globally competitive, aligned with the vision of Viksit Bharat @2047.