Ministry of Micro, Small and Medium Enterprises (MSME) has developed a support system towards export promotion by setting up 65 Export Facilitation Centres (EFCs) in its field offices namely, MSME Development and Facilitation Offices, MSME Technology Centres and MSME Testing Centres. These EFCs handhold the MSMEs by providing MSMEs with support in documentation, market access, financing, technology adoption and training. Ministry of MSME also implements the International Cooperation (IC) Scheme which provides assistance for Capacity Building of First Time Exporters (CBFTE). Under the CBFTE, reimbursement is provided to new Micro &Small Enterprises (MSE) exporters for costs incurred on Registration-cum-Membership Certification (RCMC) with EPCs, Export Insurance Premium and testing & quality certification for exports. (ii) The Market Development Assistance (MDA) component of IC Scheme provides assistance on reimbursement basis to the eligible Central / State Government organizations and Industry Associations to facilitate participation of MSMEs in international exhibitions and fairs held abroad; and for organizing international conference in India with the aim of technology upgradation, modernization, joint venture etc.
MSME Champions Scheme with three sub schemes, MSME-Sustainable (ZED) Certification Scheme, MSME-Competitive (LEAN) Scheme and MSME-Innovative Scheme (Incubation, Design& IPR) is a holistic approach to unify, synergize and converge with various Schemes and interventions to enable MSMEs to become globally competitive.
Other initiatives for helping MSMEs to grow their business globally include Ministry of Commerce and Industry’s Trade Infrastructure for Export Scheme (TIES) and Market Access Initiative (MAI) which facilitates participation of Indian Exporters in exhibitions, buyer seller meets, fairs etc. Initiatives like Districts as Export hubs identify export potential, address bottlenecks and supports local exporters / manufacturers. The Trade Connect e Platform is an information and intermediation platform on international trade, which provides comprehensive services for both new and existing exporters.
To support MSMEs in accessing global market, the Government has taken following measures:
(i) Ministry of MSME has set up a dedicated support system for export promotion by setting up 65 Export Facilitation Centres (EFCs). These EFCs support MSMEs by disseminating information on various Schemes and supports available for the MSMEs for enhancing their exports, in linking them with financial institutions such as NBFCs, new fintech start-ups etc, to avail credit at competitive rates etc.
(ii) Raising and Accelerating MSME Performance (RAMP) Scheme aims to provide support to Micro, Small and Medium enterprises through increased access to technological upgradation, market and credit by strengthening of Central and State agencies.
(iii) The Trade Connect e-Platform is an information and intermediation platform on international trade, which provides comprehensive services for both new and existing exporters.