India formulating strategy to cut export hurdles in shipments to trading partners: Report

India’s overall goods exports in FY25 stood at $433.56 billion, nearly flat.

India is formulating a strategy to increase its exports to key trading partners, a report by Mint said on September 18. The move comes after the Centre noticed that exporters’ intent is not matching with the actual shipments, the report said.

Exporters are required to get origin nation certificates prove their authenticity and for tariff benefits, the newspaper said. Indian exporters have collected these certificates, but the actual shipments are less, which led to the government engaging the industry to find out the hurdles, the report said.

The report said the Central government is working on resolving procedural obstacles and connecting with key trading partners, the paper said.

Despite exporters receiving 721,000 origin certificates in FY25, higher compared to FY24, the actual exports slipped in key trading nations, the paper said citing data.

India’s overall goods exports in FY25 stood at $433.56 billion, nearly flat.