India Unveils Rs 25,060 Crore Export Promotion Mission

The Indian government has launched a Rs 25,060 crore Export Promotion Mission to aid exporters facing high US tariffs. The initiative, effective from 2025, involves two sub-schemes: Niryat Protsahan and Niryat Disha, focusing on financial and non-financial support for sectors like textiles and engineering goods.

In a bid to support Indian exporters grappling with hefty U.S. tariffs, the government has announced the Export Promotion Mission with a hefty allocation of Rs 25,060 crore. Starting from 2025-26, this initiative aims to bolster the export sector over six years.

The mission is divided into two sub-schemes: Niryat Protsahan and Niryat Disha, which will provide both financial and strategic support. Niryat Protsahan will focus on affordable trade finance, while Niryat Disha will enhance market access and export readiness through strategic non-financial assistance.

The sectors hardest hit by U.S. tariffs, such as textiles and engineering goods, will be prioritized for this targeted support. The plan marks a comprehensive shift from disparate schemes toward a unified, results-oriented framework responsive to the fast-evolving global trade landscape.