“Discussed measures to strengthen support for MSMEs, maximise opportunities through FTAs, foster innovation and deep-tech capabilities, improve export facilitation, and expand India’s role in global value chains,” Goyal said in a social media post.
Representatives of various Export Promotion Councils (EPCs) and Industry Associations participated in the deliberations.
The meeting reviewed strategies for advancing India’s export ecosystem, accelerating market diversification and enhancing the country’s global trade competitiveness.
Several export promotion councils presented their sector-specific export performance and KPI (key performance indicator) progress.
The ministry’s arm, the Directorate General of Foreign Trade (DGFT), has proposed four KPI pillars – export performance, market diversification, exporter ecosystem, and policy facilitation.
An industry official said that the councils would have to inform the ministry about the number of new exporters onboarded by them, the number of capacity-building programmes conducted, and participation in international engagements.India’s exports climbed to a six-month high of 18 per cent to USD 45.2 billion in May, while the trade deficit widened to USD 28.21 billion.
During April-May 2026-27, exports rose 16.09 per cent to USD 88.91 billion and imports jumped 15.14 per cent to USD 145.35 billion. The trade deficit stood at USD 56.44 billion during the period.