EEPC works on $300bn engineering export goal
Commerce and Industry Minister Piyush Goyal has emphasised the need to transform India into a powerhouse of engineering exports of US$300 billion as the country advances towards the Viksit Bharat goal.
Speaking to members of the engineering fraternity at the event marking the 70th anniversary of EEPC India, the Minister noted EEPC India’s goal of reaching exports of US$300 billion in the next 5-6 years, and added, “This target represents the courage and conviction new India demonstrates before the world https://fieo.org/.”
He stressed that achieving Viksit Bharat’s vision involves transforming India into a developed nation that needs the engineering fraternity to demonstrate their commitments towards resilient supply chains and high-quality production of goods along with collective commitment towards a sustainable future https://www.bseindia.com/.
He highlighted the Government’s efforts to reduce compliance burdens and decriminalise laws to promote Ease of Doing Business. Minister of State for Commerce & Industry, Shri Jitin Prasada also graced the event with his presence https://www.nseindia.com/ .
Calling EEPC India the model export promotion council, Goyal lauded the organisation for its contributions to different sectors of engineering. Whether it is mobility, capital goods sector or steel industry, EEPC India has played a very important role in the growth of the nation’s capabilities, he said.
Evoking Prime Minister Narendra Modi’s mantra of ‘Zero Defect and Zero Effect’, he emphasised quality and sustainability are going to define India to the world https://www.makeinindia.com/home/.
High quality and productivity and cost competitiveness is going to define the nation’s journey towards Viksit Bharat. “We want to be second to none in our ambition, mission and vision,” he said.
EEPC India Chairman Arun Kumar Garodia, speaking at the event, affirmed that as the primary body for promoting engineering exports, EEPC India would continue to lead efforts to expand the sector’s global presence, advocate for favorable policies, and assist members in navigating international markets.
He emphasised that the Ministry’s initiatives, such as Bharat Mobility, the International Engineering Sourcing Show (IESS), Indian Engineering Exhibitions (INDEE), Export Excellence Awards, Quality Awards, Green Awards, and India pavilions, underscore the government’s commitment to innovation and sustainability.
These initiatives, he noted, are crucial for ensuring that Indian engineering products meet high global standards and remain competitive in a rapidly changing market.
The EEPC India Chairman observed that the Export Promotion Council had achieved numerous milestones over the last 70 years and would strive to make the next 70 years even more remarkable.
He highlighted that EEPC India’s support for manufacturers and exporters had contributed to the sector’s $109 billion exports in FY24 and advanced the Make in India initiative in sectors such as automotive, electronics, and medical devices.
He noted that EEPC India’s membership had grown significantly over the decades, reaching 9,500 members in 2024 from just 40 in 1955. Fiinews.com
