Exporters believe the government’s two recently approved schemes, worth a total of ₹45,000 crore, will help the industry overcome persistent challenges such as limited access to affordable finance, complex compliance procedures, and weak branding. The Export Promotion Mission (₹25,060 crore) and the Credit Guarantee Scheme (₹20,000 crore) are expected to strengthen India’s export ecosystem and boost its global competitiveness.

According to Sanjay Budhia, Chairman of CII’s National Committee on Exports and Managing Director of Patton International Ltd, these initiatives aim to empower MSMEs, first-time exporters, and labour-intensive sectors, building resilience in a volatile global trade environment. He noted that by combining financial and non-financial support, the schemes address long-standing hurdles and open new opportunities for smaller enterprises. Budhia added that digital integration with existing trade systems will simplify procedures, reduce paperwork, accelerate disbursals, and improve coordination.

A. Sakthivel, Vice Chairman of the Apparel Export Promotion Council (AEPC), shared a similar view, saying the initiatives will improve access to finance, enhance market preparedness, strengthen the export ecosystem, and generate large-scale employment—giving a strong push to India’s export growth.

S. C. Ralhan, President of the Federation of Indian Export Organisations (FIEO), said the Export Promotion Mission ensures continuity and flexibility to adapt to global trade dynamics. He added that the Credit Guarantee Scheme will particularly benefit MSMEs by facilitating collateral-free loans and improving liquidity at a crucial time.