MSMEs access enhanced liquidity through the DGFT NIRYAT PROTSAHAN mission. This initiative provides a 2.75% interest subvention on export factoring for 4,139 tariff lines. Regulated factors ensure small businesses manage international receivables and improve cash flow effectively.
Union Commerce and Industry Minister Shri Piyush Goyal urges exporters to leverage India Free Trade Agreements to expand their global footprint. This update highlights the removal of US tariffs, the critical role of industry bodies like FIEO and FICCI, and the expansion of trade finance support through the Export Promotion Mission to assist MSMEs in reaching international markets.
The India-EU Free Trade Agreement provides zero-duty access for 99% of Indian exports. It eliminates tariffs on USD 33 billion of goods while expanding mobility for IT professionals. This pact reinforces sustainable growth and global supply chain integration.
India’s MSME export credit support includes interest subvention and collateral guarantees under the NIRYAT PROTSAHAN scheme. This initiative offers 2.75% interest support and up to 85% credit coverage.
India-New Zealand FTA grants zero duty on 100% of Indian goods exports. This deal eliminates tariffs across 8,284 lines to benefit textiles, IT, and finance. It expands professional mobility and supports MSMEs through inclusive economic development.
India-Oman CEPA provides zero-duty access for 99% of Indian exports. It offers ambitious services commitments across 127 sub-sectors and permits 100% FDI for Indian firms. This pact strengthens supply chains and expands professional mobility in the Gulf.
India’s Export Promotion Mission allocates ₹25,060 crore to support MSMEs and labour-intensive sectors through FY31. Niryat Protsahan enhances trade finance access while Niryat Disha strengthens market readiness.
EFTA-India Trade and Economic Partnership Agreement targets $100 billion investment and one million jobs. Indian pharma and textiles gain duty-free access. Professionals receive expanded work rights.
IFSCA market enablers strengthen the trade finance ecosystem at GIFT City through regulatory innovation and global integration. New mandates require 5% green trade lending while providing robust legal frameworks for factoring.
RBI IEDPMS portal registration streamlines shipping bill reconciliation for all Indian exporters and importers. This digital identity enhances regulatory oversight through automated data integration from Customs and AD banks.
