The Engineering Export Promotion Council of India (EEPC India) has been a cornerstone in bolstering the nation’s engineering exports since its inception in 1955. With a membership base exceeding 12,000, of which 60% are small and medium-sized enterprises (SMEs), EEPC India plays a pivotal role in guiding startups and innovators towards global markets.

Special Programs for Startups and Innovators

EEPC India offers a plethora of programs tailored to meet the unique needs of startups in the engineering sector:

1. International Engineering Sourcing Show (IESS): Recognized as a premier sourcing event, IESS provides startups with a platform to showcase their innovations to a global audience, facilitating connections with potential buyers and collaborators.

2. Indian Engineering Exhibitions (INDEE): These overseas exhibitions enable startups to display their products internationally, gaining exposure and understanding of global market dynamics.

3. Buyer-Seller Meets (BSM): Organized both in India and abroad, these meets allow startups to engage directly with international buyers, fostering relationships and exploring export opportunities.

Funding Opportunities

Access to financial resources is crucial for startups aiming to scale their operations for export. EEPC India facilitates this through:

• Market Development Assistance (MDA): This scheme offers financial support to SMEs for activities such as participation in international trade fairs and exhibitions, enabling them to explore new markets.

• Market Access Initiative (MAI): Focused on enhancing market access, this initiative provides financial assistance for market studies, participation in international trade events, and setting up showrooms and warehouses abroad.

Mentorship and Capacity Building

Recognizing the importance of guidance, EEPC India offers mentorship programs to help startups navigate the complexities of international trade:

• Capacity Building Sessions: In collaboration with organizations like the Indian Stainless Steel Development Association (ISSDA), EEPC India conducts sessions across various regions to educate startups on export procedures, quality standards, and global market trends.

• Technology Centers: EEPC India has established technology centers in cities like Bangalore and Kolkata, providing startups with access to advanced machinery, testing facilities, and training programs to enhance product quality and innovation.

Impact in Numbers

EEPC India’s initiatives have significantly contributed to the growth of India’s engineering exports:

• Export Growth: In the fiscal year 2023-24, engineering exports reached $109 billion, underscoring the sector’s robust performance.

• Membership Expansion: Starting with just 40 members in 1955, EEPC India’s membership has grown to over 9,500 by 2024, reflecting its extensive reach and influence.

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Altus Exports: Partnering with Indian Manufacturers

While EEPC India provides the foundational support for startups to venture into international markets, partnering with experienced export firms can further streamline the process. Altus Exports stands as a premier merchant exporter, delivering the best of India’s textiles, handicrafts, chemicals, and food products to the world.

How Altus Exports Can Assist:

• Quality Assurance: We prioritize quality at every step, from sourcing to packaging, ensuring that products meet the highest international standards.

• Extensive Network: With a robust network of trusted suppliers, manufacturers, and artisans across India, we offer a diverse range of products and swift response times to meet global demands.

• Customer-Centric Approach: Understanding the unique requirements of each market, we provide tailored solutions to ensure customer satisfaction.

Partnering with Altus Exports:

Indian manufacturers looking to expand their global footprint can benefit from a partnership with Altus Exports. By collaborating, manufacturers can leverage our established distribution channels, market insights, and logistical expertise to navigate the complexities of international trade efficiently.

To explore partnership opportunities, visit our Manufacturer Partnership page.

Conclusion

EEPC India’s comprehensive support system, encompassing special programs, funding opportunities, and mentorship, has been instrumental in empowering startups in the engineering export sector. By leveraging these resources and collaborating with experienced export partners like Altus Exports, Indian manufacturers can successfully navigate the global market landscape, driving growth and innovation.