India’s Micro, Small, and Medium Enterprises (MSMEs) form the backbone of the national economy — contributing over 30% to GDP and generating significant employment. In an increasingly global marketplace, the Indian government has been taking proactive steps to empower MSMEs to expand internationally.

From financial incentives to export promotion and digital enablement, several schemes and policy reforms are enabling Indian MSMEs to “Go Global” with confidence and support. As a trusted advisory firm, H Khattar & Associates helps businesses tap into these benefits and build sustainable global growth.

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Why Globalization is Crucial for Indian MSMEs

1. Access to larger markets
2. Diversification of revenue streams
3. Increased competitiveness
4. Technology transfer & global collaborations

However, MSMEs often face challenges like lack of funding, regulatory complexities, and limited knowledge of international trade. Recognizing these hurdles, the government has implemented various initiatives to foster MSME globalization.

Top Government Initiatives That Help MSMEs Go Global (As of 2025)
1. Champion Services Sector Scheme

The Ministry of MSME has revamped the Champion Scheme to provide financial assistance, mentorship, and handholding support for MSMEs targeting exports. It focuses on market access, brand building, and trade facilitation.

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2. International Cooperation Scheme (ICS)

This scheme promotes MSME participation in:

– International trade fairs & exhibitions
– Delegations to foreign countries
– Buyer-seller meets
– Capacity building for exports

MSMEs can get financial support for air travel, stall charges, and freight costs when participating in global events.

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3. Udyam Assist Platform & Udyam Registration

The government now recognizes informal micro-enterprises and assists them in formalization through Udyam Assist, making it easier for them to avail of export-linked subsidies, credit schemes, and international buyer platforms.

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4. Market Development Assistance (MDA)

Under the Ministry of Commerce, this scheme offers assistance to MSME exporters for:

– Export documentation
– Product certification for international markets
– Testing & quality assurance
– Participation in overseas trade fairs

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5. Credit Assistance Through Export Promotion Councils

Through SIDBI, EXIM Bank, and Credit Guarantee Schemes, MSMEs receive export-linked financing with interest subvention and guarantee cover. The Interest Equalization Scheme (IES) continues to provide interest subsidy on pre- and post-shipment credit for eligible MSMEs.

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6. PLI Scheme for MSMEs in Key Sectors

MSMEs in electronics, textiles, pharmaceuticals, food processing, and renewable energy are incentivized under Production-Linked Incentive (PLI) Schemes, enhancing their ability to scale and compete internationally.

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7. ONDC & eCommerce Export Enablement

The government-backed Open Network for Digital Commerce (ONDC) is expected to boost cross-border eCommerce opportunities for MSMEs. Platforms like Amazon Global Selling and Flipkart Export Hub are now integrated with government export assistance programs.

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How CA Firms Can Help MSMEs Expand Globally

At H Khattar & Associates, we specialize in helping MSMEs with:

– Export registration (IEC, RCMC)
– International tax planning & compliance
– FEMA advisory and foreign currency management
– Subsidy and incentive application assistance
– Financial documentation for export loans
– Audit & certification for export schemes

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Conclusion

Going global is no longer a luxury but a strategic necessity for Indian MSMEs. With strong support from the Indian government, businesses now have access to the tools, finance, and networks needed to compete and thrive in global markets.

Let H Khattar & Associates be your financial and compliance partner in this global journey. Whether you’re looking to start exports or scale your international footprint — our expert team is here to guide you at every step.

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📞 Need expert guidance to take your MSME global?
Reach out to us at +91 – 882 6347 151 or visit www.cakhattar.com for a personalized consultation.