🏗️📈 Govt Boosts Iron & Steel Exports for MSMEs!
The Indian government, through DGFT, has extended interest subvention benefits to Micro & Small Enterprises (MSEs) exporting 167 iron & steel product categories, effective April 20, 2026. 🌍
✨ Key Highlights: ✔️ MSE Focused: Benefits only for Micro & Small Enterprises (excludes medium firms) ✔️ Wide Coverage: 167 product categories including pig iron, ferroalloys & steel ✔️ Credit Support: Applies to both pre & post-shipment rupee export credit ✔️ Effective Date: Applicable on credit from April 20, 2026 onwards
💡 Why it matters: • Part of ₹7,295 crore export support package • Improves liquidity & reduces borrowing costs • Strengthens MSME competitiveness in global markets
⚠️ Additional Update: Export restrictions imposed on certain Baryte grades due to global uncertainties
🚀 A strong push to empower small exporters and boost India’s trade growth!
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