World Trade Center Mumbai in association with YES Bank organized the Export Conclave on 21^st February at the YES Bank House, bringing together over 100 exporters, industry leaders, government delegates to explore trends and challenges, and opportunities in global trade.

MSMEs contribute 45% to India’s exports. However, they face several hurdles: lack of access to collateral-free credit at affordable interest cost, lack of awareness on government schemes, compliance issues related to export licenses, lack of access to quality raw materials, etc.

One of the key highlights of the event was the signing of MoU between WTC Mumbai and YES Bank to support each other’s MSME clients with access to credit, trade facilitation services for smoother international transactions, offer global market insights to help exporters navigate evolving trade environments.

The event marked the launch of two flagship offerings under YES Business Suite: YES Exports and YES PowherUp. These are targeted to empower MSMEs and women entrepreneurs to provide essential tools and financial support to scale globally.

YES Exports provide pre-shipment and post-shipment finance. This is done to secure quick access to export finances up to Rs.10 crore to scale their businesses based on their financial performance rather than collaterals and other traditional lending constraints. Businesses will be assisted by an expert trade advisor to reach the international market. There will be a digital SME service desk for easy access to banking solutions. It will also provide seamless global transactions with competitive forex rates and efficient export bill processing.

YES PoweherUp was launched recognizing the increasing role of women entrepreneurship in today’s SME ecosystem. This will provide women entrepreneurs with business loans, preferential forex exchange rates and export bill processing benefits, assist in financial planning and networking opportunities.

The conclave featured insightful panel discussions on macro views and strategies, a currency outlook Q&A, insights into Budget 2025, at the event, Mr. Dhavan Shah, Country Head - SME Banking, YES Bank highlighted the bank’s commitment to exporters, while Mr. Vijay Kalantri, Chairman, WTC Mumbai, emphasized the partnership’s impact.  By leveraging this partnership, YES Bank and WTC Mumbai seek to reinforce India’s position in global trade and provide exporters with essential tools and financial support to scale their businesses.