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Export: 5 ECEHs for MSME trade in global markets

Fiinews by Fiinews
December 28, 2024
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Bharat Mart to be operational by Q1 2026

Five E-Commerce Export Hubs (ECEHs) pilots have been approved for the NCR region, Bengaluru and Mumbai, the Commerce and Industry Ministry said on 26 Dec in a yearend review of the export sector https://fieo.org/.

The pilot launch of ECEHs has been initiated in consultation with the Department of Revenue, Ministry of Civil Aviation, and industry stakeholders, it said https://www.makeinindia.com/home/.

“The hubs aim to enable exporters to warehouse goods and ensure expedited deliveries to global markets,” said the Ministry https://www.bseindia.com/.

The ECEHs are to empower MSMEs and traditional artisans to access international markets and will operate under a seamless regulatory and logistics framework and provide comprehensive trade and export-related services, including warehousing, packaging, labelling, certification, logistics, and returns management for cross-border e-commerce https://www.nseindia.com/.

Meanwhile, Bharat Mart, a transformative physical trade hub both in B2B and B2C format, is being set up in Jebel Ali Free Zone Area, Dubai, catering to Indian exporters for establishing a wholesale & retail marketplace. It is scheduled for commercial operations in Q1 2026 https://www.commerce.gov.in/.

“This project seeks to bridge the gap between India’s burgeoning manufacturing sector and untapped international markets and aligns with Government of India initiatives such as Make in India, promotion of MSMEs, among others,” the ministry said.

It will provide 1,400 units comprising of showrooms, warehousing and office space with multimodal connectivity through Jebel Ali Port, Al Maktoum International Airport and Etihad Rail.

Notably, Machinery, Electrical and Electronics, Auto and Auto Component, Medical Equipment, Furniture, Apparel, Process Food, Pharma, Cosmetics and Perfumes, Plastics, rubber products and handicrafts have been identified as focus sectors. Fiinews.com

Tags: Ministry of Commerce and Industry
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