India Expands Export Support and Relaxes Trade Policies

The Government of India has introduced a series of measures to streamline business operations for exporters, leading to a significant rise in market access approvals. As of September 14, 2026, nearly 24,000 registrations were recorded under the Interest Subvention Scheme, which now allows exporters to utilize a single registration for both collateral support and interest subvention.

Under the Market Access Support Intervention, the government approved 339 events for the fourth quarter of FY 2025-26 and the first quarter of FY 2026-27. Europe represents the largest share of these approvals at 27 percent, with Germany, the United States, and Italy emerging as the leading overseas markets for approved applications.

To further support trade, the government amended the Foreign Trade Policy 2023 to relax the eligibility requirements for One Star Export House status. Additionally, officials introduced a duty-free Raw Sugar Tariff Rate Quota of 10 lakh tonnes to mitigate domestic sugar shortages resulting from El Nino weather conditions.