The forum has also recommended the permanent simplification of the export reconciliation process
Suggesting measures to reduce costs, streamline processes, and promote brand visibility in international markets, India SME Forum, an organisation for small and medium enterprises (SMEs), has called on the government to implement key reforms in the upcoming Union Budget 2025. This is aimed at empowering ecommerce exporters and enhancing their global competitiveness
Speaking to the media, Vinod Kumar, President, India SME Forum, underscored the challenges faced by MSMEs and the need for robust support from the Union Budget. He stressed the importance of ecommerce export hubs as catalysts for expanding MSMEs’ global footprint. He advocated for tax incentives and dedicated credit access programs to strengthen their ability to participate in cross-border trade seamlessly.
India SME Forum also called for the permanent simplification of the export reconciliation process. It urged a waiver of the Export Data Processing and Monitoring System (EDPMS) closure fee for smaller shipments and the integration of online portals for EDPMS clearance and eBRC generation.
The forum recommended that the Reserve Bank of India (RBI) make its directive to simplify the export reconciliation process permanent, with an indefinite waiver for the EDPMS closure fee for shipping bills up to USD 1,000 or Rs 1,00,000, whichever is higher.
“The ecommerce export sector has immense potential to drive India’s growth story on the global stage. By implementing these reforms, the government can unlock opportunities for millions of entrepreneurs and small businesses, strengthening India’s position as a global export powerhouse. Addressing payment delays, simplifying customs processes, and fostering export hubs are vital to ensuring their competitiveness in global markets,” stated Kumar.
Recommendations For Ecommerce Exporters
Kumar also emphasised the need for additional measures to boost ecommerce exports. He advocated for Priority Sector Lending (PSL) benefits to improve credit access, a reduction in GST on logistics costs to ease operational expenses, and incentives for international brand promotion to help MSMEs scale and compete globally.
He further stressed the importance of nationwide adoption of Uttar Pradesh’s Export Promotion Policy 2025-30, which includes a 75 per cent reimbursement scheme for exporters, making it easier for businesses to expand their presence in global markets.
“We firmly believe that these reforms will not only benefit exporters but also contribute to India’s vision of becoming a USD five trillion economy,” added Kumar.
The forum stated that these recommendations aim to create an enabling ecosystem for ecommerce exporters, unlocking their potential to contribute meaningfully to India’s economic growth.
