The Federation of Indian Export Organisations (FIEO) has welcomed the Union Cabinet’s approval of the Export Promotion Mission (EPM), calling it a major reform that will strengthen India’s export competitiveness, especially for MSMEs, first-time exporters, and labour-intensive sectors. The Mission carries a total outlay of ₹25,060 crore for FY 2025–26 to FY 2030–31 and consolidates multiple export schemes into a single digital and outcome-based framework.

#fieo #unioncabinet #exportpromotionmission #india #msmes #digitalexportecosystem

FIEO welcomes cabinet approval of Export Promotion Mission, credit plan
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FIEO welcomes cabinet approval of Export Promotion Mission, credit plan

FIEO says the new mission will boost MSMEs, cut compliance burdens and build a stronger digital export ecosystem for India.

Merchandise exports increased nine percent to $38.5 billion in April 2025, an increase of nine percent compared to the same period last year.

#federationofindianexportorganisations #fieo #ministryofcommerce #electronicgoods #merchandiseexports #exports #trade

Merchandise exports up 9% in April
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Merchandise exports up 9% in April

Electronic goods exports increased by 39% to $3.69 billion in April 2025.

The Government of the United States of America and the Government of the People’s Republic of China have agreed to reduce tariffs on imports and exports w.e.f May 14, 2025 for an initial period of 90 days.

#donaldtrump #us #china #tariffs #chinesegoods #americanimports #unitedstatesofamerica #shipping #federationofindianexportorganisations #fieo

US, China agree to slash tariffs
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US, China agree to slash tariffs

U.S. will lower tariffs on Chinese goods from 145% to 30%; China will reduce duties on American imports to 10%.

Merchandise exports declined 11 percent to $36.91 billion in February compared to $41.41 billion in February 2024 on subdued demand.

#exports #federationofindianexportorganisations #fieo #globaldemand #merchandiseexports #trade

Merchandise exports down 11% in Feb on weak global demand
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Merchandise exports down 11% in Feb on weak global demand

Cumulative merchandise exports during April-February was $395.63 billion compared to $395.38 billion last year.

Merchandise exports declined two percent to $36.43 billion in January 2025 as against $37.32 billion in January 2024.

#federationofindianexportorganisations #fieo #merchandiseexports #electronicsexports #imports #trade #gems #pharma #riceexports

Merchandise exports decline in Jan, electronics exports increase 79%
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Merchandise exports decline in Jan, electronics exports increase 79%

Gems, pharma and rice exports log double digit growth; imports increase 10% to $59.42 billion.

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