INDIA EXPORT INITIATIVE AND INDIAXPORTS 2021 PORTAL OF INDIA INAUGURATED

INDIA EXPORT INITIATIVE AND INDIAXPORTS 2021 PORTAL OF INDIA INAUGURATED

Context:

On 29th Sep 2021, Union Minister for MSMEs Shri Narayan Rane virtually inaugurated the India Export Initiative and IndiaXports 2021 Portal of India SME Forum.

About IndiaXports:

• It aims to orient MSMEs free of cost, to focus on the export potential in existing tariff lines and support MSMEs to grow the number of exporting MSMEs and increase MSME exports by 50% in 2022 and contributing to the PM’s dream of the US $5 Trillion Economy.
• It features an Info Portal which acts as a knowledge base for exports by Indian MSMEs with the needed information related to the export potential for all the 456 tariff lines along with the potential markets as well as trends in exports, export procedures and lots more.
• Apart from an export help desk, Instructor-led orientation will also be given to MSMEs through a series of sessions for specific sectors highlighting the opportunities in specific products in international markets.
• The initiative targets 1 lakh MSMEs desirous of knowing more about exports and hand-holding 30,000+ MSMEs support some to start exporting, doubling the base of active exporters.