India plans Rs 20,000-crore Export Promotion Mission to offset US tariff impact, boost global trade

India is set to launch a ₹20,000 crore Export Promotion Mission by September, aiming to protect exporters from global trade uncertainties. The initiative, driven by multiple ministries, includes measures for easy export credit, tackling non-tariff barriers, and promoting Brand India. This plan seeks to mitigate the impact of the US's 25% tariff on Indian goods and boost overall export competitiveness.