EPCES Initiatives: Empowering EOUs & SEZs for Global Trade

By AdminPublished On: February 12, 2025Categories: Export Oriented Units (EOUs) and Special Economic Zones (SEZs), Export Promotion Council for EOUs & SEZs (EPCES)0 Comments

The Export Promotion Council for EOUs and SEZs (EPCES) has been instrumental in empowering Export Oriented Units (EOUs) and Special Economic Zones (SEZs) to enhance India’s global trade footprint. Through strategic initiatives, robust policy advocacy, and comprehensive support services, EPCES has significantly contributed to the growth and development of these entities, thereby bolstering the nation’s export capabilities.

Understanding EOUs and SEZs

Export Oriented Units (EOUs) are businesses established with the primary objective of exporting their entire production. They benefit from various incentives, including duty-free import of raw materials and capital goods, tax exemptions, and simplified customs procedures. Special Economic Zones (SEZs), on the other hand, are designated areas within a country that possess distinct economic regulations different from the rest of the nation. These zones are designed to attract foreign investment, boost exports, and generate employment by offering benefits such as tax holidays, infrastructural support, and relaxed labor laws.

EPCES: A Catalyst for Growth

Established to promote and enhance exports from EOUs and SEZs, EPCES plays a pivotal role in representing the interests of these units to the government and other stakeholders. The council’s initiatives are multifaceted, focusing on policy advocacy, capacity building, and providing a platform for networking and knowledge sharing.

Key Initiatives by EPCES

Policy Advocacy

EPCES actively engages with government bodies to shape policies that favor the growth of EOUs and SEZs. By presenting data-driven insights and industry feedback, the council ensures that the concerns and suggestions of its members are addressed in policy formulations. For instance, EPCES has been instrumental in advocating for the inclusion of EOUs and SEZs under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme, ensuring that these units remain competitive in the global market.(EPCES)
Capacity Building and Support Services

Recognizing the need for continuous skill development and knowledge enhancement, EPCES organizes workshops, seminars, and training programs for its members. These initiatives cover a range of topics, including export documentation, international trade regulations, and market access strategies. Additionally, EPCES provides advisory services to help units navigate complex regulatory frameworks and optimize their operations.
Market Access and Promotion

To facilitate global market access, EPCES organizes trade delegations, participates in international trade fairs, and hosts buyer-seller meets. These efforts provide EOUs and SEZs with opportunities to showcase their products, connect with potential buyers, and explore new markets. Such platforms are crucial for expanding the global reach of Indian exports.
Information Dissemination

Keeping its members informed about the latest developments in international trade is a priority for EPCES. The council disseminates information through newsletters, publications, and digital platforms, covering updates on policy changes, market trends, and best practices. This ensures that EOUs and SEZs are well-equipped to make informed decisions and stay ahead in the competitive global landscape.

Impact of EPCES Initiatives

The concerted efforts of EPCES have yielded significant results. According to the EPCES Annual Report 2020-21, despite the challenges posed by the global pandemic, services exports from SEZs grew by 8%, underscoring the resilience and adaptability of these units.

Furthermore, EPCES’s advocacy for the inclusion of EOUs and SEZs under the RoDTEP scheme has been a significant milestone, ensuring that these units receive the necessary support to remain competitive internationally.(EPCES)

Altus Exports: Partnering for Global Success

While organizations like EPCES provide the necessary framework and support for export-oriented units, the role of facilitators like Altus Exports is crucial in bridging the gap between manufacturers and global markets.

Altus Exports specializes in forming strategic alliances with manufacturers aiming to expand their global footprint. The company seeks partners who produce export-quality products, aspire for international expansion, and possess the necessary documentation and certifications for seamless export operations.

How Altus Exports Can Assist Indian Manufacturers

Expertise in Identifying Global Buyers

Altus Exports excels in pinpointing potential buyers across various international markets. Leveraging a deep understanding of market trends and buyer behavior, the company ensures that manufacturers’ products reach the right audience.
Access to Comprehensive Market Intelligence

With subscriptions to numerous databases and information sources, Altus Exports provides manufacturers with up-to-date market intelligence. This access is instrumental in identifying new opportunities, understanding market dynamics, and staying ahead of the competition.
Skilled Marketing Team

The company’s marketing team employs a blend of traditional and digital marketing techniques to promote products internationally. This approach raises product awareness, generates leads, and converts them into orders, ensuring a steady stream of business for manufacturers.
Extensive Network

Over the years, Altus Exports has built a vast network of contacts and partners across various industries and regions. This network includes distributors, agents, retailers, and other key stakeholders who play a crucial role in the export process. By leveraging these relationships, Altus Exports facilitates smoother market entry and quicker establishment of products in new territories.

Partnering with Altus Exports

Manufacturers interested in expanding their global reach can benefit from partnering with Altus Exports. The company acts as an extension of the manufacturer’s business, simplifying the complex process of exporting and helping tap into new markets with ease.

To explore partnership opportunities, manufacturers can visit Altus Exports’ Manufacturer Partnership page. Here, potential partners can provide their details, and the Altus Exports team will connect with them to discuss how they can collaboratively achieve global success.

Conclusion

The initiatives undertaken by EPCES have been instrumental in empowering EOUs and SEZs, significantly contributing to India’s global trade.

Success Stories: How EPCES is Transforming India’s EOUs & SEZs into Export Powerhouses