Export Market Promotion
India's export sector has become a major driver of economic growth, employment, and global trade. In FY 2024–25, the country's total exports reached an impressive USD 824.9 billion, registering a 6.01% year-on-year growth.
To sustain this momentum and help Indian businesses compete internationally, the Government of India has introduced several export promotion initiatives. The latest among them is the Export Promotion Mission (EPM), announced in the Union Budget 2025–26, with an outlay of ₹25,060 crore over six years.
From easier access to export finance and market development support to assistance with global compliance and branding, these schemes are helping businesses unlock new opportunities. This guide explains how Export Market Promotion schemes work and how you can benefit from them.
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List of Content
- Quick Look: Export Market Promotion
- What is Export Market Promotion
- What are the Top Government Export Trade Promotion Initiatives?
- What is the Importance of Export Market Promotion?
- Key Measures Announced by the RBI Regarding Export Market Promotion?
- How to Apply for an Export Promotion Scheme in India?
- To Conclude
Quick Look: Export Market Promotion
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What is Export Market Promotion
Export Market Promotion is the process of helping businesses expand beyond domestic markets and reach customers worldwide. It involves a range of government-led initiatives and support programmes designed to encourage exports and strengthen a country's global trade presence.
These include financial assistance, export financing, trade fairs, market research, product development, training, and international business networking opportunities. By making it easier for businesses to enter foreign markets, export market promotion boosts export growth and contributes to overall export market development.
It also equips exporters to navigate challenges such as currency fluctuations, international regulations, and changing global market conditions with greater confidence.
What are the Top Government Export Trade Promotion Initiatives?
This export market development grant is led by the Directorate General of Foreign Trade (DGFT) in collaboration with:
- Ministry of Commerce
- Ministry of MSME
- Ministry of Finance
- Export Promotion Councils
- Commodity Boards
- Financial institutions
- Industry associations
- State governments
A dedicated DGFT digital platform will streamline the entire process, from application and approval to fund disbursal. This ensures seamless integration with trade and customs systems.
The Export Promotion Mission is built around two key initiatives:
Niryat Protsahan
This initiative provides financial support to exporters by improving access to affordable trade finance. It offers benefits such as:
- Interest subsidies on pre- and post-shipment credit
- Export factoring
- Credit enhancement for businesses entering new or high-risk international markets
- Deep-tier financing
- Collateral support
- E-commerce export credit cards
Niryat Disha
Niryat Disha focuses on strengthening exporters through non-financial assistance. It supports:
- Quality testing and certification
- International branding and packaging
- Participation in global trade fairs
- Warehousing and logistics
- Reimbursement for inland transport in remote regions
- Export training programmes to help businesses improve their global competitiveness
What is the Importance of Export Market Promotion?
Export Market Promotion provides financial and operational support that enables exporters to compete more effectively in international trade. Here are its key benefits:
- Improves export competitiveness by providing affordable trade finance and reducing financial barriers for exporters.
- Supports Micro, Small, and Medium Enterprises (MSMEs) and first-time exporters with the resources and guidance needed to enter international markets.
- Enhances product quality and compliance by assisting businesses with international standards, certifications, and regulatory requirements.
- Expands global market access through branding initiatives, trade promotions, and participation in international exhibitions and buyer-seller meets.
- Reduces logistics challenges by offering infrastructure and transport support, especially for exporters in remote and low-export-intensity regions.
- Promotes balanced regional growth by encouraging exports from non-traditional districts and emerging industrial clusters.
- Boosts employment and economic growth by increasing exports, creating jobs, and generating higher value across manufacturing and service sectors.
- Strengthens India's export ecosystem by integrating multiple support schemes into a streamlined, direct-exporting strategy and a digitally managed framework.
Key Measures Announced by the RBI Regarding Export Market Promotion?
To complement the Export Promotion Mission, the RBI introduced a series of trade relief measures in November 2025 to help exporters navigate global trade uncertainties.
These export marketing development grants are designed to ease financial stress, improve liquidity, and ensure that export-oriented businesses continue to operate smoothly. The key initiatives include:
Extended Export Credit Tenure
The repayment period for pre-shipment and post-shipment export credit has been extended to 450 days for eligible credit sanctioned until 31st March 2026, providing exporters with greater financial flexibility.
Moratorium on Loan Repayments
Exporters can avail a moratorium on eligible term loan instalments and defer interest on working capital loans due between 1st September and 31st December 2025. The deferred interest will be charged on a simple interest basis and can be converted into a Funded Interest Term Loan (FITL) for easier repayment.
Regulatory Relief
The moratorium period will not affect a borrower's asset classification or credit score. The relief will not be treated as loan restructuring. This helps businesses preserve their creditworthiness.
Flexible Working Capital Support
Banks and other regulated entities can revise working capital limits or reduce margin requirements, enabling exporters to maintain adequate liquidity during challenging market conditions.
Relaxation Under FEMA
The RBI has extended the period for realising and repatriating export proceeds from 9 months to 15 months. Additionally, the shipment period against advance payments has been increased from 1 year to 3 years, giving exporters more time to fulfil international trade commitments.
Mandatory Provisioning by Lenders
Regulated entities must maintain a minimum 5% provision on eligible standard loan accounts for which relief has been granted, ensuring financial stability within the banking system.
How to Apply for an Export Promotion Scheme in India?
Applying for an export promotion scheme in India is simple if you complete the required registrations and keep your documents ready. Follow these easy steps:
Step 1: Get an Import Export Code (IEC)
Apply for an Importer Exporter Code (IEC) on the DGFT portal. This is mandatory for all exporters in India.
Step 2: Obtain an RCMC
Apply for a Registration-Cum-Membership Certificate (RCMC) from the relevant Export Promotion Council based on your export category.
Step 3: Register on the DGFT Portal
Create your DGFT account, link your IEC, update your business details, and register your AD Code on ICEGATE, if required.
Step 4: Keep Documents Ready
Ensure you have your IEC, RCMC, GST details (if applicable), shipping documents, e-BRC, and bank account details ready.
Step 5: Apply Online
Select the relevant scheme on the DGFT portal, upload the required documents, submit your application, and track its status online.
To Conclude
Export promotion initiatives are making it easier for Indian businesses to expand globally by improving access to finance, markets, and digital trade services. To make the most of the Export Promotion Mission, businesses also need reliable protection against operational risks.
TATA AIG offers small business insurance solutions that protect your property, inventory, equipment, and liabilities. Its flexible commercial insurance plans, quick claim support, and industry-specific coverage help businesses stay resilient while focusing on growth. If you are a first-time exporter or an established enterprise, the right business insurance can protect your financial stability.
To safeguard the workforce, TATA AIG also offers a WC policy that helps businesses meet statutory requirements and provides financial protection against workplace injuries.
With the right business insurance plan from TATA AIG, businesses can focus on growth instead of worrying about unexpected operational hurdles.
Frequently Asked Questions
Who can benefit from the Export Promotion Mission (EPM)?
The Export Promotion Mission primarily benefits MSMEs, first-time exporters, labour-intensive industries, and businesses located in non-traditional or low-export-intensity districts. It also supports companies looking to expand their presence in global markets.
Which sectors are covered under the Export Promotion Mission?
The mission focuses on export-oriented sectors such as textiles, leather, gems and jewellery, engineering goods, and marine products. It also has the flexibility to support emerging sectors in response to changing global trade opportunities.
What is the duty drawback scheme for exporters in India?
The export duty drawback scheme in India is a government initiative that refunds customs duties paid on imported or domestically sourced inputs used to manufacture goods for export.
Can I apply for multiple export promotion schemes?
Yes, you can avail benefits under multiple export promotion schemes, provided they do not offer duplicate benefits for the same export transaction or expense.
How can businesses choose the right exporting market entry strategy?
The right exporting market entry strategy depends on factors such as business goals, target market potential, competition, regulatory requirements, available resources, and long-term growth plans.
What are export pricing strategies?
Export pricing strategies are methods businesses use to set competitive prices for products in international markets. This is done by taking into account factors such as production costs, freight, duties, exchange rates, and local market demand.
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