The Centre is developing a plan to assist individuals who have warehouses overseas and satisfy the short-term financial requirements of e-commerce exporters.
The commerce department has suggested a credit card similar to the Kisan Credit Card, which would reduce exporters’ borrowing costs from the current 15–18 per cent.
According to officials, a note for the approval of the Expenditure Finance Committee is being prepared as the government aims to boost exports, which were flat in FY ’25 at US $ 437.42 billion, 0.08 per cent more than in FY ’24.
The US has discontinued duty-free status for low-value imports from China and Hong Kong, therefore the actions are also appropriate. In 2024 alone, more than 1.4 billion of these packages—worth US $ 64.6 billion—arrived in the US, with China accounting for about 60 per cent of them.
The estimated yearly value of India’s e-commerce exports via courier and postal services is between US $ 1.5-2 billion. The estimated value of direct shipments is US $ 8 billion. According to officials, these programs might run for five to six years.
The strategy also calls for branding campaigns and assistance for businesses that have warehouses overseas, just like China does.
The Reserve Bank of India and the Ministry of Commerce and Industry are also in talks to speed up bank reconciliation under the Export Data Processing and Monitoring System (EDPMS). This requires that all export payments be compared to shipping bills in order to verify payment realisation; however, low-value, frequent shipments, which are common in e-commerce exports, present challenges, according to exporters.
