New Delhi, Nov. 4 -- The Confederation of Indian Textile Industry (CITI) has called for the prompt establishment of the Export Promotion Mission announced in the Union Budget for FY 2025-26, expressing confidence that the initiative will be operational soon.

In her Budget speech on February 1, 2025, Finance Minister Nirmala Sitharaman had outlined the government's plan to set up the Export Promotion Mission with sector-specific and ministerial targets.

The initiative is to be jointly driven by the Ministries of Commerce, MSME and Finance, aimed at facilitating access to export credit, cross-border factoring, and support for MSMEs in addressing non-tariff barriers.

"Having the Export Promotion Mission in place, preferably by the end of ...