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India Advances Scheme to Fund MSME Product Registrations Abroad

Under the government’s Export Promotion Mission the scheme will shoulder the entire cost of overseas product registrations for small exporters

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Govt plans scheme to support MSME exporters in global markets

Overview

  • The government will fully finance overseas product registration costs for micro, small and medium enterprises to help them enter new export markets.
  • The registration funding plan is one of about a dozen measures in the Export Promotion Mission, which also includes easier credit, e-commerce support, overseas warehousing and global branding initiatives.
  • India’s exports of goods and services climbed to $825 billion in 2024–25 from $778 billion a year earlier, with MSMEs accounting for over 40 percent of total shipments.
  • India has activated free trade agreements with the UAE, Australia, the UK and the EFTA bloc and is negotiating pacts with the EU, New Zealand, Oman and Mercosur members.
  • Phase two of the Bharat Mandapam expansion has been authorized to add several lakh square feet of exhibition space for exporters.