New Delhi, April 17 (IANS) In view of the evolving geopolitical situation in West Asia and its continuing impact on maritime logistics across the Gulf and adjoining regions, the government has expanded the list of eligible destinations under RELIEF – Resilience & Logistics Intervention for Export Facilitation, a time-bound intervention under the Export Promotion Mission (EPM), the Commerce Ministry announced on Friday.With this expansion, Egypt and Jordan have been added to the list of eli…
Latest Export Promotion Mission News & Updates
New Delhi, March 28 (IANS) A cumulative investment of about Rs 9,207 crore has been made by the approved applicants under the production-linked incentive (PLI) scheme for Food Processing Industries (PLISFPI) till December 31, 2025, according to the government.Around 35 lakh metric tonnes per annum of processing and preservation capacity has been created under the scheme. Total incentive amount of Rs 2,714.79 crore has been disbursed till date, according to Minister of State for Food Processing I…
New Delhi, March 19 (IANS) The Federation of Indian Export Organisations (FIEO) on Thursday welcomed the government’s timely announcement of the RELIEF (Resilience and Logistics Intervention for Export Facilitation) initiative under the Export Promotion Mission, aimed at supporting exporters impacted by the ongoing disruptions in West Asia maritime trade routes.Recent developments around the Strait of Hormuz and the wider Gulf region have led to significant challenges including vessel diversio…
New Delhi, March 19 (IANS) The government on Thursday launched a new scheme called Resilience and Logistics Intervention for Export Facilitation (RELIEF) to help Indian exporters deal with disruptions caused by the ongoing crisis in West Asia, aiming to ensure smooth trade and protect the country’s market share.Commerce Secretary Rajesh Agrawal announced the RELIEF scheme, saying it is part of the government’s broader Export Promotion Mission.He described it as a carefully designed support p…
New Delhi, March 19 (IANS) The time-bound Rs 497 crore RELIEF (Resilience and Logistics Intervention for Export Facilitation) scheme under the Export Promotion Mission (EPM) will support Indian exporters affected by extraordinary freight escalation, heightened insurance premia and war-related export risks arising from disruptions in the Gulf and wider West Asia maritime corridor, the government said on Thursday.The scheme has been structured to provide support across the export cycle by covering…
New Delhi, March 6 (IANS) Union Commerce Minister Piyush Goyal on Friday said that talks are on with the Shipping Ministry and shipping companies to free up cargoes stranded due to the conflict in West Asia.The government will look at ways to ease exporters’ burdens, including high insurance and shipment costs.”Every day, the inter-ministerial group talks to the exporters. Even this morning, they must have had an engagement. They take feedback, and we will not be found wanting in supporting ou…
New Delhi, March 2 (IANS) India’s experience demonstrates that import substitution and export strength can move together when approached strategically. Across sectors, from mobile phones and medicines to automobiles and defence, the push is to build in India not only for domestic needs, but for global markets as well, according to an official factsheet issued on Monday.As local capacity expands and imports reliance falls, many industries also gain the scale to export more, strengthening the ex…
New Delhi, Feb 20 (IANS) Commerce and Industry Minister Piyush Goyal on Friday launched seven additional interventions under the Export Promotion Mission, a flagship initiative of the Centre aimed at empowering micro, small, and medium enterprises (MSMEs) for competing in global markets. These interventions are designed to address key challenges faced by Indian exporters, promote broad-based and inclusive export growth, and strengthen India’s position as a globally competitive export powerhous…
New Delhi, Feb 12 (IANS) Industry must now intensify its efforts to penetrate new markets, upgrade quality and become more competitive to take maximum advantage of trade agreements, according to Commerce and Industry Minister Piyush Goyal.He urged exporters and industry bodies to take full advantage of the series of Free Trade Agreements (FTAs) signed with developed countries maximise job creation and boost exports of goods and services, according to an official statement.During his meeting with…
New Delhi, Jan 15 (IANS) India’s merchandise exports rose to $38.51 billion in December from $38.13 billion in November despite the uncertainties in the global market triggered by the US tariff turmoil and geopolitical tensions, according to data released by the Ministry of Commerce on Thursday.The government data showed December services exports were estimated at $35.50 billion and imports at $17.38 billion, suggesting a services trade surplus of $18.12 billion.However, merchandise imports rose…