The Synthetic & Rayon Textiles Export Promotion Council

Support to Small Businesses

Circular No. ES/243/2021-22                                    11th February, 2022        

To: Members of the Council             

Sub: Support to Small Businesses 

Dear Member,  

We would like to inform you that the Ministry of Micro, Small and Medium Enterprises through its MSME-Development Institutes (DIs) situated in all States, facilitates MSMEs to export from Domestic Tariff Area (DTA) and Special Economic Zones (SEZs). For this purpose, 52 Export Facilitation Centres (EFCs) have been established to provide hand-holding support to MSMEs as well as creating linkages with Export Promotion Councils, Commodity Boards, etc. In this regard, a Press Release dated 10th February, 2022 has been issued by the Ministry of Micro, Small & Medium Enterprises. 

To support MSMEs reach out to customers across the world–   

·         Ministry is implementing International Cooperation Scheme (IC) facilitating participation of

           the MSMEs in International Exhibitions, Trade Fairs, Buyer-seller meets, etc.    

·         A comprehensive B2B Portal- MSME mart.com is being operated by the National Small                    Industries Corporation (NSIC) as a one stop digital solution to all business needs of MSMEs            and provide next generation services to MSMEs to make them competitive in global market.  

·         The Ministry has established Enterprise Development Centres (EDCs) with the aim to build              a network of entrepreneurial leaders by providing professional mentoring and handholding               support services to existing as well as aspiring entrepreneurs.  So far, 102 EDCs have been              established all across the country.    

·         Various other schemes are being implemented by the Ministry to help MSMEs expand their              business in the global market by providing them assistance for technology upgradation, skill           development, quality certification etc.  Besides, DGFT is implementing schemes like Niryat               Bandhu Scheme (NBS) for mentoring new and potential entrepreneurs about the intricacies              of  foreign trade. 

Members may kindly make a note of the above.  

Thanking you,                     

Yours faithfully,                  

 S. BALARAJU            

EXECUTIVE DIRECTOR