(GIST OF YOJANA) Enhancing Skills for India’s Exports

GIST OF YOJANA : Enhancing Skills for India’s Exports

APRIL-2025

Enhancing Skills for India’s Exports

Context:

India is at a junction where export-led development could turn its economic future around. By using digital skills, raising industrial capacity, and showing itself as a consistent substitute in worldwide value chains, India may become a significant export powerhouse.

The $20 trillion economic target will depend critically on a deliberate focus on expanding sectors such as green technology, space technology, and high-value manufacturing together with infrastructure improvements and the empowerment of micro, small, and medium-sized firms.

Export-driven India is the Future

Industries targeted for worldwide markets give young people of India employment possibilities, thereby helping to solve underemployment and unemployment problems. Thanks in large part to the Production Linked Incentive (PLI) scheme, the fast growth of smartphone manufacturing has generated notable employment. By including it in worldwide value chains, export-oriented manufacturing links India to modern technologies and global best practices.
India’s soft power and supports economic diplomacy. By means of bilateral and multilateral deals, this has been crucial in strengthening commercial ties with ASEAN and the US. The areas of export-oriented renewable energy and green technologies would help India to become a leader in the worldwide energy change.
Outdated infrastructure and logistical inefficiencies increase export costs, reducing the global competitiveness of Indian goods and resulting in high logistics expenses and insufficient trade infrastructure. The challenges are intensified by limited container capacity, port congestion, and obstacles in last-mile connection. Despite progress made by efforts such as the PM Gati Shakti Plan, India’s logistics cost-to-GDP ratio remains high relative to other nations.

Governmental Initiatives for Boosting India’s Exports

The Government of India has formed an Export Promotion Mission with a budget of Rs 2,250 crore [Ministry of Commerce and Industry, 2025). This is in recognition of the fact that exports are one of the four primary drivers of economic growth in India.
The implementation of this programme, the goal is to enhance the support for cross-border factoring, facilitate easy access to export financing, and eliminate non-tariff trade impediments in domestic and international markets.
The implementation of this objective is anticipated to result in a trade climate that is more predictable for Indian exporters by addressing structural obstacles and sectoral challenges that have persisted for a long time.
The budget included a request for the creation of Bharat Trade Net, a single digital network meant to simplify trade documentation and finance so attaining better efficiency. Incorporating India’s trade infrastructure with global best practices from established trading hubs like Singapore and the European Union [KPMG, 2025) could help the current Unified Logistics Interface Platform to be upgraded.
By means of real-time monitoring and the minimisation of documentation, the platform aims to lower transaction costs, improve business operations’ efficiency, and increase trade transparency.

Measures to Enhance Export Growth and Competencies

To cut export costs and boost efficiency, India should modernise its logistics and trade infrastructure. Complementing the current Bharatmala and Sagarmala initiatives, the PM Gati Shakti National Master Plan aims to enhance multi-modal transportation infrastructure, hence enabling smooth linkage from industries to ports.
Using digital technologies—including risk management systems driven by artificial intelligence— will streamline customs processes and help to lower export delays. Export hubs near ports ought to be given first priority in order to ease traffic congestion.

Way ahead

By using modern technologies and creative business plans to increase exports, Indian entrepreneurs support innovation in many different sectors. Export diversification lessens reliance on current businesses, helps to reach new markets, and lessens the hazards of sector concentration.
Diversification addresses issues including infrastructural gaps, trade prohibitions, convoluted legislation, and world economic unrest. India’s worldwide trade competitiveness calls for changes in trade policies, more export promotion, infrastructure development, innovation and technology
integration, skill development advancement, legislative reforms, and better financial accessibility.
Export-oriented development calls for consistency, policy transparency, and competent application. Digitalisation, environmentally sustainable practices, enhancing regional and bilateral trade relations, supporting inclusive trade policies, investing in human capital and innovation ecosystems, and being sensitive to geopolitical changes are future strategies for sustainable development using creativity and diversification.
By establishing and applying consistent policies, India may maximise its potential and accomplish fair and sustainable development through world trade.

Conclusion:

Encouragement of cooperation among legislators, businesses, and civil society will help India to become a dynamic and competitive global actor, therefore enabling economic development and growth.