President Murmu Celebrates EEPC’s Platinum Jubilee, Highlights Trade Milestones

President Droupadi Murmu addressed the Platinum Jubilee celebrations of the Engineering Export Promotion Council (EEPC) on October 10, 2023, in New Delhi. During her speech, President Murmu emphasized India’s significant strides in exports and trade, showcasing the country’s resilience and growth despite global challenges.

The event was attended by prominent figures, including Piyush Goyal, the Minister of Commerce and Industry, who echoed the President’s sentiments about India’s evolving trade landscape. Goyal noted that the nation’s exports surpassed $400 billion in the last fiscal year, marking a historic achievement that reflects the robust capabilities of Indian manufacturers.

Celebrating Achievements and Future Goals

In her address, President Murmu highlighted the critical role of the EEPC in advancing India’s engineering exports. She pointed out that the organization has played a pivotal role in connecting Indian businesses with international markets, thereby enhancing the nation’s competitiveness on a global scale.

“The journey of the EEPC over the past 75 years has been remarkable,” said President Murmu. “It has not only contributed to the economic growth of our nation but has also empowered countless entrepreneurs and workers in the engineering sector.”

The President also urged industry leaders to continue innovating and to focus on sustainable practices to meet the demands of a changing global market. She emphasized the importance of embracing technology and enhancing skill development among the workforce to secure India’s position as a leader in engineering exports.

Government Support and Strategic Initiatives

Piyush Goyal outlined several government initiatives aimed at boosting exports, including the Production-Linked Incentive (PLI) scheme, which incentivizes manufacturing in key sectors. He reiterated the government’s commitment to creating a business-friendly environment that fosters growth and attracts foreign investment.

According to Goyal, the government is focused on not only increasing export volumes but also improving the quality of products and services to compete more effectively on the world stage. “Our aim is to not just meet targets but to exceed them,” he stated.

The Platinum Jubilee celebrations also featured discussions on strategies for expanding trade relations with countries across the globe. Industry experts were invited to share insights on market trends and the need for collaboration among businesses to enhance India’s export potential.

As the EEPC looks to the future, its leadership remains optimistic about the potential for further growth in the engineering sector. The event served as a reminder of the collective efforts required from government, industry, and academia to propel India’s trade ambitions forward.

In conclusion, the celebrations highlighted not only past achievements but also the shared commitment among stakeholders to navigate the complexities of international trade. With an eye on innovation and sustainability, India’s engineering sector is poised for continued success in the years ahead.