The Export Promotion Council for EOUs and SEZs (EPCES) has been instrumental in transforming India’s Export Oriented Units (EOUs) and Special Economic Zones (SEZs) into formidable export powerhouses. Established in 2003, EPCES has played a pivotal role in enhancing the export competitiveness of these units, contributing significantly to India’s economic growth. This article delves into the success stories of businesses that have flourished under EPCES’s support, highlighting the facts and figures that underscore this transformation.

EPCES: A Catalyst for Export Growth

EPCES serves as the official representative of over 7,000 organizations, accounting for approximately 34% of India’s exports. Its primary objectives include increasing exports from Indian EOUs and SEZs, driving foreign exchange earnings, and fostering collaboration between the EOU/SEZ community and various stakeholders, including government bodies at both central and state levels. By organizing workshops, seminars, and trade delegations, EPCES ensures that its members are well-informed about the latest developments in domestic and international markets.

Impressive Export Performance

The impact of EPCES’s initiatives is evident in the impressive export performance of EOUs and SEZs. In the fiscal year 2016-17, exports from these sectors amounted to approximately ₹5,63,049 crores, providing direct employment to more than 2 million individuals across various regions of the country. As of December 1, 2017, the government had formally approved 423 SEZs, with 356 notified and 222 operational by September 30, 2017. These SEZs attracted investments worth ₹4,48,832 crores and provided employment to 1,823,451 persons.

Case Studies: Businesses Benefiting from EPCES Support

1. Serum Institute of India

   Located in the Serum Biopharma Park SEZ, the Serum Institute of India stands as the world’s largest manufacturer of vaccines. Established with the aim of manufacturing and supplying immunobiologically, the institute has a substantial focus on research and development. It exports vaccines and anti-cancer products to markets in the United States and the European Union. Notably, the institute entered into a partnership with GAVI and the Bill & Melinda Gates Foundation to escalate the production of up to 100 million doses of COVID-19 vaccines for India and 65 other countries.

2. Pranavam Aerospace

   Operating within the KIADB Aerospace SEZ, Pranavam Aerospace has benefited from foreign direct investment, leading to significant technology transfer. A UK-based company invested in acquiring advanced technology and machinery for Pranavam, with experts assisting employees in implementing these technologies. This collaboration has enhanced Pranavam’s capabilities in the aerospace sector, contributing to India’s position in high-tech manufacturing.

3. Divi’s Laboratories

   Situated in the Divi’s Laboratories Pharma SEZ, Divi’s Laboratories has made remarkable strides in the pharmaceutical sector. The company focuses on the production of active pharmaceutical ingredients (APIs) and has contributed to backward area development. Through technology transfer and investment in high-tech infrastructure, Divi’s Laboratories has bolstered its manufacturing capabilities, catering to both domestic and international markets.

4. Brandix India Apparel City (BIAC)

   BIAC, located in its dedicated SEZ, houses almost the entire value chain for textiles. The facility has created jobs for more than 16,000 women, who constitute 76% of its workforce. BIAC has implemented labor reforms and contributed to backward area development, providing various benefits to its employees, including transportation facilities and adherence to occupational safety standards. The SEZ has also undertaken measures to drive a more sustainable future by developing a sustainability framework across the pillars of air, water, and earth, supported by investment in robust infrastructure.

Altus Exports: Empowering Indian Manufacturers for Global Success

While EPCES has been instrumental in transforming India’s EOUs and SEZs, companies like Altus Exports play a crucial role in facilitating the global expansion of Indian manufacturers. Altus Exports is dedicated to sharing India’s vibrant culture and exceptional craftsmanship with the world, offering a diverse range of products, including textiles, handicrafts, chemicals, food products, furniture, and gems & jewellery.

How Altus Exports Can Assist Indian Manufacturers

Altus Exports seeks to form strategic alliances with manufacturers who share a commitment to excellence and global expansion. The company prioritizes manufacturers that produce high-quality goods suitable for international markets, adhere to stringent quality standards, and possess the necessary documentation and certifications for seamless export operations.

Partnership Model

Altus Exports becomes an extension of a manufacturer’s business, acting as a dedicated export team. The company simplifies the complex process of exporting and helps manufacturers tap into new markets with ease. Services include identifying potential buyers across various international markets, leveraging comprehensive databases for up-to-date market intelligence, utilizing a skilled marketing team to promote products internationally, and leveraging an extensive network of contacts and partners across various industries and regions.

Partner with Altus Exports

Manufacturers interested in expanding their global footprint can partner with Altus Exports by providing details about their products and company. Altus Exports is eager to connect with manufacturers to explore potential collaborations.

Conclusion

EPCES has been a driving force in transforming India’s EOUs and SEZs into export powerhouses, fostering economic growth and development. Through its support, numerous businesses have achieved remarkable success in the global market. Complementing these efforts, Altus Exports offers Indian manufacturers a pathway to international markets, providing expertise and resources to navigate the complexities of