Exporters highlight compliance costs, testing requirements, MSME issues in meeting with Piyush Goyal
Industry representatives discussed compliance costs and challenges faced by MSMEs in export markets during a meeting with Commerce Minister Piyush Goyal. The Minister assured support to reduce barriers and enhance business ease. He emphasized leveraging trade pacts to boost exports and create jobs, aiming for $2 trillion in exports by 2030.
- ▪Industry representatives raised issues relating to compliance costs, testing requirements, and challenges faced by MSMEs in entering export markets.
- ▪Piyush Goyal assured continued support to reduce entry barriers and enhance ease of doing business.
- ▪India's total merchandise and services exports reached a record $860.09 billion in 2025–26, with a 4.22% year-on-year growth.
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“Industry representatives have raised issues relating to compliance costs, testing requirements, and challenges faced by Micro, Small, and Medium Enterprises (MSMEs) in entering export markets, during a meeting with Commerce Minister Piyush Goyal in New Delhi on April 27, 2026,” an official statement said on Tuesday (April 28, 2026).“The Minister has assured continued support, including facilitation and targeted interventions, to reduce entry barriers and enhance ease of doing business,” the Ministry said. Jan Vishwas Bill: Commerce Ministry wants departments to consider withdrawing cases involving minor offencesMr.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu.