New Delhi, Feb. 20 -- The Federation of Indian Export Organisations (FIEO) has welcomed the launch of new interventions under the Export Promotion Mission (EPM), calling it a major structural reform to boost MSME competitiveness and expand India's global market presence.

FIEO President S C Ralhan said, "The Mission addresses the fundamental constraints that limit MSME export growth - high cost of credit, limited access to diversified trade finance, compliance burdens, logistics inefficiencies, and information gaps. The newly launched interventions under 'Niryat Protsahan' and 'Niryat Disha' aim to move beyond traditional incentives and focus on systemic competitiveness enhancement."

Under the scheme, support for alternative trade instru...