EEPC targets $300 billion in exports by 2030; Shows vision for New India: Goyal

  • Industry News
  • Nov 08,24
The Minister also acknowledged EEPC’s contributions across various sectors, including mobility, capital goods, and steel, noting that the council has been pivotal in building national engineering capabilities.
EEPC targets $300 billion in exports by 2030; Shows vision for New India: Goyal

Union Minister of Commerce and Industry Piyush Goyal lauded EEPC India’s ambitious goal of achieving $300 billion in engineering exports by 2030, calling it a testament to the "courage and conviction of New India." Speaking at EEPC India’s 70th-anniversary celebration in New Delhi, Goyal emphasised the critical role of the engineering sector in India’s vision of Viksit Bharat. He highlighted the government’s continuous efforts to simplify regulations, promote ease of business, and encourage sustainable, high-quality manufacturing.

Goyal urged the industry to contribute to sustainable growth, aligning with Prime Minister Modi’s "Zero Defect, Zero Effect" philosophy, focused on quality and environmental responsibility. He applauded EEPC India’s goal as a reflection of India's bold vision and determination. The Minister also acknowledged EEPC’s contributions across various sectors, including mobility, capital goods, and steel, noting that the council has been pivotal in building national engineering capabilities.

Minister of State for Commerce and Industry Jitin Prasada, who also attended the event, underscored EEPC India’s impact on advancing India’s global standing in engineering exports. Arun Kumar Garodia, Chairman, EEPC India,  addressed the gathering, reaffirming the council’s commitment to expanding India's engineering sector internationally. Garodia discussed the organisation’s efforts to foster favorable policies, drive innovation, and support members in global market navigation. He highlighted initiatives like Bharat Mobility, the International Engineering Sourcing Show (IESS), and Indian Engineering Exhibitions (INDEE) as instrumental in strengthening India's export potential, contributing to the sector’s $109 billion export milestone in FY24.

Reflecting on EEPC India’s growth from 40 members in 1955 to over 9,500 in 2024, Garodia emphasised the council’s role in advancing India’s manufacturing and export sectors, including automotive, electronics, and medical devices. He affirmed EEPC India’s dedication to enhancing India's global engineering presence and fostering sustainable, high-quality growth. 
(ANI)

Related Stories

Automation & Robotics
Bridgestone to invest $85 million for premium car tyre production in India

Bridgestone to invest $85 million for premium car tyre production in India

Recent trends in the market have produced an outlook of stable economic development and growth in the number of automotives both owned and produced.

Read more
Policy Regulation
India's exports set to exceed $800 billion this fiscal year: A Sakthivel

India's exports set to exceed $800 billion this fiscal year: A Sakthivel

He highlighted that the establishment of 12 new industrial cities would further stimulate domestic manufacturing, while the success of the Production-Linked Incentive (PLI) scheme has bolstered the ..

Read more
Policy Regulation
EEPC targets $300 billion in exports by 2030; Shows vision for New India: Goyal

EEPC targets $300 billion in exports by 2030; Shows vision for New India: Goyal

The Minister also acknowledged EEPC’s contributions across various sectors, including mobility, capital goods, and steel, noting that the council has been pivotal in building national engineering ..

Read more

Related Products

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back