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Key Points

The Indian government is aggressively pushing exports through multiple strategic initiatives. Fourteen Production Linked Incentive schemes have transformed key sectors like electronics and pharmaceuticals. Major trade deals with the UK and EU are creating new market access opportunities. Logistics reforms and export hubs are dramatically reducing costs and barriers for small businesses.

Key Points: India Boosts Exports with PLI Schemes Logistics Reforms and FTAs

  • 14 PLI schemes implemented across electronics, pharma and auto sectors
  • Mobile phone exports surged from Rs 1,500 crore to Rs 2 lakh crore
  • UK trade deal signed and EU FTA negotiations nearing completion
  • Districts as Export Hubs enabling SMEs to compete globally
2 min read

Govt boosts exports through logistics reforms, PLI schemes, DEH: Minister

Government implements 14 PLI schemes, signs UK trade deal, and launches logistics reforms to drive exports from Rs 1,500 crore to over Rs 2 lakh crore.

"The PLI Scheme for Large Scale Electronics Manufacturing has significantly impacted Mobile manufacturing sector - Jitin Prasada, Minister of State for Commerce"

New Delhi, Aug 19

India is intensifying efforts to enhance exports by promoting MSME participation, expanding Free Trade Agreements (FTAs) and Production Linked Incentive (PLI) schemes, the Parliament was informed on Tuesday.

As many as 14 PLI schemes have been implemented, along with National Logistics Policy (NLP), the National Industrial Corridor Development Programme (NICDP) and PM Gati Shakti, Minister of State in the Commerce Ministry Jitin Prasada said in a response to a Lok Sabha question on measures taken to boost India's exports.

Encouraging MSME participation in global trade though export incentives, trade promotion events, and digital platforms to streamline processes underline government's endeavours in this direction, the minister said.

In July, a Comprehensive Economic and Trade Agreement (CETA) with the UK, was signed and India-EU FTA negotiations aim for completion by year-end, the minister informed.

PLI schemes across 14 sectors, including electronics, IT hardware, automobiles and pharmaceuticals, have driven domestic manufacturing, job creation, and exports, the reply said.

The PLI Scheme for Large Scale Electronics Manufacturing has significantly impacted Mobile manufacturing sector in India as the mobile phone exports soared from Rs 1,500 crore in 2014-15 to over Rs 2 lakh crore in 2024-25, the minister added.

The PLI Scheme for bulk drugs has paved way for India to become a net exporter of bulk drugs with a trade surplus of Rs 2,280 crore in the financial year 2024-25. India was a net importer to the tune of Rs 1930 crore in this sector in FY 2021-22.

Government initiatives such as Districts as Export Hubs (DEH) and E-Commerce Export Hubs (ECEHs) are enabling SMEs including start-ups to compete globally by reducing the cost and time associated with logistics, streamlining regulatory processes, and simplifying re-imports for e-commerce returns or rejects.

ECEHs shall provide integrated services at a single location, encompassing customs clearance, quality certification, packaging, and off-port warehousing.

- IANS

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Reader Comments

P
Priya S
As someone working in a small manufacturing unit, the DEH initiative is a game-changer. The paperwork reduction and logistics support will help small businesses like ours finally explore international markets. More power to MSMEs! 🙌
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Andrew M
The shift from net importer to net exporter in bulk drugs is particularly impressive. This strengthens India's position as the pharmacy of the world. Strategic focus on pharmaceuticals during pandemic times has paid off well.
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Shreya B
While the numbers look good, I hope these schemes actually reach the grassroots level. Sometimes policies sound great on paper but implementation at district level remains challenging. Hope DEH gets proper funding and support.
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Vikram M
EU FTA by year-end would be massive for our exporters! European market access could transform many industries. Hope the negotiations address both tariff and non-tariff barriers effectively.
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Kavya N
E-commerce export hubs with integrated services is exactly what small entrepreneurs need. The hassle of dealing with multiple agencies for exports discourages many. Single window clearance will boost confidence! 💯

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