Try GOLD - Free
MSMEs seek rapid launch of export intelligence platform
Mint New Delhi
|August 16, 2025
Besides $30 billion worth of MSME exports, 70,000-80,000 jobs are at risk from US tariffs
India's micro, small, and medium enterprises (MSMEs) have urged the government to operationalise without delay the long-pending global market intelligence service (GMIS)—a portal meant to help them identify and tap export opportunities worldwide.
GMIS, planned under the Union MSME ministry's international co-operation scheme, was envisioned as a one-stop platform for the country's 66 million MSMEs. However, the system remains non-functional despite being proposed by the ministry's task force in 2021-22.
Industry lobby group India SME Forum, representing about 100,000 businesses in the country, has written to cabinet secretary T.V. Somanathan and the MSME ministry seeking immediate implementation of the GMIS portal and expedited creation of trade desks in foreign jurisdictions to facilitate MSME export opportunities.
This story is from the August 16, 2025 edition of Mint New Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint New Delhi
Mint New Delhi
Europe's China anxiety: Why we must track how it might respond
Policy ideas are being discussed that would have been unthinkable till recently and India must stay attuned to developments
3 mins
February 24, 2026
Mint New Delhi
A 100-year-old philosopher's secret to lasting health
Learning to not overexert and taking care of health as a way to fulfil daily duties can contribute to positive ageing
3 mins
February 24, 2026
Mint New Delhi
Plastic bottle makers’ ₹10,000 cr recycling bet runs into policy risk
India’s plastic bottles industry faces a ₹10,000 crore quan- dary: investments in a cost- lier, recyclable, food-grade material risk turning dud as regulatory uncertainty has slowed adoption by beverage makers.
2 mins
February 24, 2026
Mint New Delhi
Heed India's apex court on reeling back freebies
The Supreme Court has done well to caution Indian political parties against declarations of indiscriminate freebies at the cost of fiscal prudence. Bad economics is eventually bad politics
2 mins
February 24, 2026
Mint New Delhi
CAN RETURNING TECH MINDS FUEL INDIA'S RISE?
The growing ambiguity around H-IB visas is driving a surge in interest in job opportunities back home
5 mins
February 24, 2026
Mint New Delhi
WHY TOP-UPS ARE HEALTH INSURERS’ BEST KEPT SECRET
Top-up health plans offer high coverage at low cost, protecting against major medical events
3 mins
February 24, 2026
Mint New Delhi
Hedge funds that piled into US bitcoin funds are first to exit
Hedge fundsthat helped fuel a boom in US exchange-traded funds holding Bitcoin are in rapid retreat.
1 min
February 24, 2026
Mint New Delhi
How Krutrim banks on Ola
The Bhavish Aggarwal-owned artificial intelligence venture counts 90% sales from Ola group companies
4 mins
February 24, 2026
Mint New Delhi
Privacy-first Al tools set to go mainstream: Mozilla prez
New tools like end-to-end encrypted chatbots aim to block firms from accessing user data
3 mins
February 24, 2026
Mint New Delhi
WhatsApp agrees to comply with CCI consent directions
WhatsApp told the Supreme Court on Monday that it will fully comply with the Competition Commission of India’s (CCI) directions relating to user consent for sharing data with parent company Meta under its controversial 2021 privacy policy update by 16 March.
1 mins
February 24, 2026
Listen
Translate
Change font size

