What Specific Measures Are There In The Budget 2025 For Promoting Exports—Here's What FM Announced

The Union Budget 2025 has announced several targeted initiatives to promote India’s exports, simplify trade processes, and enhance global competitiveness of Indian Products.

They include an Export Promotion Mission, BharatTradeNet platform, a national framework for promoting Global Capability Centres, and interestingly the upgradation of warehousing facilities found a mention.

Let's look over them one by one.

1. Export Promotion Mission to Drive Growth

A Export Promotion Mission will be launched with clear sectoral and ministerial exports targets, jointly coordinated from the efforts of Ministries of Commerce, MSME, and Finance. The mission will focus on easier access to export credit, cross-border factoring support, and specialised assistance for MSMEs in dealing with non-tariff barriers in international markets.

2. BharatTradeNet (BTN) for Digital Trade Efficiency

The government shall introduce BharatTradeNet (BTN)—a unified platform to manage trade documentation and financial solutions. BTN will be aligned with international trade standards and will complement the Unified Logistics Interface Platform (ULIP). Additionally, the government plans to provide support to develop domestic manufacturing capacities for better integration of India's economy with the global supply chains.

3. National Framework to Expand Global Capability Centres (GCCs)

A National Framework for Global Capability Centres (GCCs) shall be formulated to encourage to promote the expansion of GCCs in Tier 2 cities. The framework shall include measures for enhancing availability of talent and infrastructure, building by-law reforms, and mechanisms for collaboration with industry.

4. Upgraded Warehousing and Air Cargo Logistics

The government plans to upscale and upgrade the infrastructure for air cargo storage, primarily for high-value perishable agricultural exports. The government shall also simplify cargo screening and customs protocols to improve efficiency, user friendlines and reduce processing delays at major export hubs.