Union Budget Logo

4th Engine of Development: Export

Posted 01 Feb 2025

Updated 04 Feb 2025

2 min read

Export Promotion Mission

  • Jointly  driven by the Ministries of Commerce, MSME, and Finance.
  • With sectoral and ministerial targets to facilitate easy access to export credit, cross-border factoring support, and support to MSMEs to tackle non-tariff measures in overseas markets.

'BharatTradeNet' (BTN) for international trade

  • digital public infrastructure proposed as a unified platform for trade documentation and financing solutions.
  • To be set-up to complement the Unified Logistics Interface Platform. 
  • The BTN will be aligned with international practices.

Support for integration with Global Supply Chains

  • Support for developing domestic manufacturing capacities for selected sectors. 
  • Facilitation groups with officials and industry experts for select products and supply chains. 
  • Support to the domestic electronic equipment industry to harness Industry 4.0 opportunities.

National Framework for GCC

  • Guidance for states to promote Global Capability Centres (GCCs) in tier 2 cities. 
  • The framework will focus on talent, infrastructure, building byelaw, and industry collaboration. 

Warehousing facility for air cargo

  • Facilitate upgradation of infrastructure and warehousing for air cargo including high value perishable horticulture produce. 
  • Cargo screening and customs protocols will be streamlined and made user friendly.
  • Tags :
  • BharatTradeNet
  • Global Supply Chains
  • National Framework for GCC
Watch Union Budget
Width resize handle
Height resize handle

Search Notes

Filter Notes

No notes yet

Create your first note to get started.

No notes found

Try adjusting your search criteria.

Subscribe for Premium Features