促进中小微企业出口。

Authors……………………………………………………………………………………01 Disclaimer Theinformation contained in this presentation is of a general nature and is not intended toaddress the circumstances of any particular individual or entity. Although we endeavor toprovide accurate and timely information. there can be no guarantee that suchinformation is Acknowledgements The authors of this report would like to thank industry participants, Abhishek Dalal—CEO,ArSports Equipment. Ajay Srivastava—Founder. GlobalTrade Research Initiative (GTRI),Anil Bhardwaj—Secretary General, FISME, Anuj Jain—CEO, Shingora Textiles, AshishChandra—Co-founder, GlobalFair, Ayush Jha—Tax and Customs Expert, GlobalFair,Chandrakant Salunkhe—President,SME Chamber of India,Geeta Goel—MD, India MSDF(Dell Foundation),Lokesh Kumar—General Manager, Exim Bank, Mithileshwar Thakur— We would also like to thank members from the ministry, Dr. Amiya Chandra Additional DGFT,KV Tinumala Joint DGFT, Kuldip Singh—Assistant Director, MSME, Mercy Epao JointSecretary. MoMSME. U. C. Shukla Director (EP)—DC MSME, R. Ananth—Director CBIC, MSMEs are often called the powerhouse of the Indian economy.MSMEs contribute significantly to employment generation, exports, and overall economic growth. They reportedly account for more than11 crore jobs1and contribute around 27.0% of India's GDP2.According to estimates, the sector consists of around 6.4 crore MSMEs3,with 1.5 crore of them registered on the Udyam porta11and employs around23.0% of the Indian labor force4making it the second-largest employer in India after agriculture. They Exports represent an enormous and under-utilized opportunity for the MSME sector. Sectors where IndianMSMEs can participate and compete in export markets include handicrafts, handloom textiles, ayurvedaand herbal supplements, leather goods, imitation jewellery and wooden products. Globally, these sectors Over time, small firms have encountered difficulties in tapping into export markets due to the inherentobstacles posed by economies of scale. It proves more challenging for small enterprises to enter foreignmarkets, adhere to compliance requirements, achieve cost-effective production, and efficiently managelogistics for clients. However, the emergence of both broad and niche e-commerce marketplaces Create One Stop Information Channel forExporters India has several portals that help exporters access information, most of which offer incomplete oroutdated information. Therefore, creating a one stop information data intelligence portal using Al basedinterface will be essential to impart information to MSMEs. This portal shall answer all the queries of apotential exporter related to market such as tariffs, required paperwork, sources of finance, service Commerce by enlisting a competent external vendor. Create National Trade Network (NTN) asComprehensive Trade Portal Currently an exporter needs to navigate multiple portals to get necessary approvals. This includes thedocumentation for licenses and certification to actual receipt of payment in the bank account. The entireprocess is extremely cumbersome and requires navigating through several interfaces including the needfor physical submission of documents. This difficulty can be eliminated by creating an end-to-end national review the status of previous initiatives in this regard (e.g., SWIFT) and create a timebound program toimplement a national trade network on par with the best in world. Promote E-commerce Exports Access to the market consistently emerges as a significant obstacle hindering MSME exports. Fortunately,a readily available solution to this issue is E-commerce. According to Global Trade Research Initiative's(GTRI) report, in 2022 MSMEs in China are already exporting goods worth over $200 bn throughE-commerce platforms while India's e-commerce export is barely $2 bn. One key reason for this gap is thecumbersome complianceprocess associated with exports, especially when it comes to paymentreconciliation, which is particularly challenging for a new or small exporter. To boost e-commerce exports, Promote Ease of Merchandise Exports While the government has placed high emphasis on improving Ease of Doing Business, it should beextended to exports processes, particularly targeted at MSME exporters. For example, MSMEs can beoffered relaxation from certain compliance requirements for a period and forgiven on errors as they begin Improve Access to Export Finance Access to finance is regularly seen as a key bottleneck for MSMEs. Towards this end, promotion of ExportCredit Guarantee can help improve working capital availability for MSMEs. The current uptake of ECGCschemes is only 10% and the government must create an incentive package to increase it to 50% or more.Finally, a single marketplace can be created, like in the case of higher education loans, where all providers Ensure Accurate Measurement Currently, a dependable single data source for MSME exports is lacking. The existing estimates o