The Government of India is strengthening its export strategy through an expanded network of Free Trade Agreements (FTAs) and comprehensive export promotion initiatives aimed at diversifying markets and enhancing the global competitiveness of Indian exporters. In a written reply in the Lok Sabha, Minister of State for Commerce and Industry Mr. Jitin Prasada stated that the Government is pursuing trade negotiations with major economies while implementing targeted export promotion measures through the Export Promotion Mission, Districts as Export Hubs initiative, Export Promotion Councils, Indian Missions abroad and industry associations. Recent trade agreements with countries such as the United Arab Emirates, Australia, Oman, the United Kingdom and New Zealand, along with ongoing negotiations with the European Union, Canada, Israel, Peru and the Eurasian Economic Union, are expected to expand market access, promote bilateral trade and investment, address non-tariff barriers and create new opportunities for labour-intensive sectors including textiles, apparel and leather.
The Government is also accelerating cross-border e-commerce exports through policy reforms and infrastructure development, particularly benefiting micro, small and medium enterprises, startups and artisans. The Export Promotion Mission, launched with an outlay of Rs. 25,060 crore (US$ 2.67 billion) for FY26-FY31, supports trade finance, export credit, quality compliance, branding, logistics and market intelligence. Complementing these efforts are pilot E-Commerce Export Hubs, simplified courier export procedures, streamlined reverse logistics, the PM Gati Shakti National Master Plan, the Refund of Duties and Taxes on Exported Products Scheme, and 65 Export Facilitation Centres established by the Ministry of Micro, Small and Medium Enterprises. Together, these initiatives are expected to strengthen export infrastructure, reduce logistics costs, improve ease of doing business, expand India's global trade footprint and reinforce the country's position as a resilient and competitive export-driven economy.
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