Merchant Exporters contribute significantly to India’s exports, accounting for approximately 35% of the country’s total export value, playing a crucial role in boosting the nation’s export figures, 

Key points about Merchant Exporters and their contribution to Indian exports:

• Merchant Exporters Role in facilitating trade: Merchant exporters buy goods from domestic manufacturers and trade channels  in India and then sell them to overseas buyers, managing the entire export process including sourcing, quality control, packaging, documentation, and logistics.

• Merchant Exporters enables Market access for MSMEs: This model is especially beneficial for small manufacturers who might not have the capacity to export directly, allowing them to tap into global markets through merchant exporters.

• Merchant Exporters Economic impact: By facilitating a large portion of India’s exports, merchant exporters contribute significantly to the country’s foreign exchange earnings and overall economic growth.

• Merchant Exporters Expertise in international trade: Merchant exporters possess specialized knowledge of international trade regulations, market demands, and logistics, which helps streamline the export process.

India’s Drug and pharmaceutical exports increased by 8.36% from $2.13 billion in July 2023 to $2.31 billion in July 2024.

“It is because of the efforts of the pharma industry that today India is identified as ‘pharmacy of the world’.”

–Prime Minister Narendra Modi

FPME, future plans are to have a Pan India presence and enable Merchant Exports to build a Strong Image  globally and Enhance India’s Contribution to Global Exports

• FPME since its inception has represented the Merchant Exporters on various Issues.
• FPME holds periodical Webinars and Fireside Chats for its Members.
• FPME helps Members promote Exports on various Platforms.
• FPME has an Advisory Panel to Assist members on Issues related to FDA , Customs, GST and others
• FPME in the last Five Years has made its presence and made path breaking representations to Pharmexcil , MOH , MOF , DGFT , Customs , and other concerned Bodies on various Issues concerning Pharmaceutical Merchant Exporters

Notably, India’s Drug and pharmaceutical exports soared from $15.07 billion in 2013-14 to $27.85 billion in FY 2023-24. Ranking third globally in drug and pharmaceutical production by volume with a 10-12% growth rate, India’s pharmaceutical sector is expected to reach $100 billion by 2025, fuelled by its robust domestic manufacturing base.