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    Piyush Goyal assures exporters of sustained support to enter new markets

    Editorial TeamBy Editorial TeamApril 28, 2026No Comments2 Mins Read
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    Piyush Goyal assures exporters of sustained support to enter new markets

    Industry representatives raised concern on high compliance costs, stringent testing requirements, and other challenges faced by MSMEs in entering export markets

    Industry representatives raised concern on high compliance costs, stringent testing requirements, and other challenges faced by MSMEs in entering export markets
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    Commerce and Industry Minister Piyush Goyal has assured exporters of sustained government support, including facilitation under ongoing schemes, targeted interventions to reduce entry barriers to export markets and steps to enhance ease of doing business.

    Industry representatives raised concern on high compliance costs, stringent testing requirements, and other challenges faced by MSMEs in entering export markets in a meeting on Monday with the Minister and senior officials.

    Indian exports have been affected by the prolonged West Asia crisis that has resulted in sea route blockades, increased shipping and insurance costs and intensified uncertainty. Exports of goods in FY26 from India registered barely 1 per cent growth (year-on-year) to $441.78 billion.

    Govt measures

    “The Minister reaffirmed the government’s commitment to strengthening a facilitative trade ecosystem through ongoing reforms, targeted support measures and close collaboration with industry, to accelerate export growth and position India as a trusted global supply partner,” per a statement issued by the Commerce Department.

    Discussions also highlighted progress under the Export Promotion Mission (EPM), the government’s flagship scheme to support exporters. “The Minister encouraged EPCs to take steps to increase the number of active exporters” the statement noted.

    Representatives from key sectors such as gems & jewellery, apparel, leather, engineering goods, cotton textiles, man-made and technical textiles, carpets, handicrafts, agriculture and processed food, pharmaceuticals and IT and software participated in the meeting. 

    Published on April 28, 2026

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