India has officially launched a crucial credit support scheme tailored for e-commerce exporters as part of its Export Promotion Mission (EPM).
Designed to ease access to working capital, this initiative aims to make Indian Micro, Small, and Medium Enterprises (MSMEs) more competitive in global markets.
The Directorate General of Foreign Trade (DGFT) rolled out the operational guidelines on March 6, 2026. The program falls under the broader Rs. 25,060 crore EPM, which runs from FY 2025-26 through 2030-31.
Who is Eligible? To qualify for the new credit support, MSMEs must meet the following criteria:
- Hold a valid Importer-Exporter Code (IEC) and Udyam registration.
- Have a minimum six-month track record of exporting via postal or courier channels, along with maintaining overseas inventory for e-commerce fulfillment.
- Alternative: New MSMEs that possess at least one year of domestic e-commerce experience are also eligible to apply.
The pilot program is being implemented by Exim Bank and the National Credit Guarantee Trustee Company (NCGTC). Under the scheme, banks will offer cash credit, overdraft facilities, or working capital loans with highly favorable terms:
- Direct E-commerce Credit: Up to 90% credit guarantee coverage, capped at Rs. 50 lakh.
- Interest Subvention: A rate of 2.75%, limited to a maximum of Rs. 15 lakh per beneficiary annually.
- Overseas Inventory Credit: Financing up to Rs. 5 crore with 75% coverage.
India’s e-commerce exports reached $10 billion in 2025, with MSMEs driving 45% of that volume. By addressing existing working capital gaps, this scheme allows manufacturers to pre-produce goods to meet global demand efficiently.