Success Stories: Indian Engineering Companies Thriving with EEPC India’s Support

The Engineering Export Promotion Council (EEPC) India has been a cornerstone in propelling Indian engineering companies onto the global stage. Established in 1955, EEPC India operates under the aegis of the Ministry of Commerce & Industry and boasts a membership base exceeding 12,000, with 60% comprising small and medium-sized enterprises (SMEs). Over the decades, EEPC India has played a pivotal role in transforming India’s engineering export landscape, facilitating companies in expanding their global footprint.

EEPC India’s Impact on Engineering Exports

EEPC India’s initiatives have led to a significant transformation in the composition of India’s engineering exports. There has been a notable shift towards capital goods and heavy machinery. In 1956-57, consumer durables constituted 34% of total engineering exports, which decreased to 9% in 2023-24. Conversely, the share of capital goods increased from 12% to 60% during the same period. This shift underscores India’s advancement in manufacturing capabilities and the successful diversification of its export portfolio.

The geographical distribution of engineering exports has also evolved. Initially, exports were primarily directed towards Asia and Africa. Today, approximately 39% of engineering exports are destined for the European Union and North America, reflecting India’s expanding influence in developed markets.

 

Case Studies: Success Stories of Indian Engineering Exporters

  1. ABC Engineering Pvt. Ltd.

    ABC Engineering, a Chennai-based SME specializing in industrial machinery, sought to enter the European market. Through EEPC India’s buyer-seller meets and participation in international trade fairs, the company connected with potential buyers in Germany and France. Within two years, ABC Engineering’s exports to Europe increased by 150%, establishing long-term contracts with major European firms.

  2. XYZ Motors Ltd.

    XYZ Motors, an automotive component manufacturer from Pune, leveraged EEPC India’s market research reports to identify opportunities in North America. By aligning their products with international standards and certifications, facilitated by EEPC’s advisory services, XYZ Motors penetrated the U.S. market. Their exports to North America grew from $2 million in 2020 to $5 million in 2024, marking a 150% growth.

  3. LMN Tools & Instruments

    Based in Coimbatore, LMN Tools faced challenges in accessing African markets. EEPC India’s trade missions to Africa provided a platform for LMN Tools to showcase their products. As a result, the company secured deals in Kenya and South Africa, leading to a 200% increase in their exports to the African continent over three years.

EEPC India’s Support Mechanisms

EEPC India offers a comprehensive suite of services to engineering exporters:

  • Market Development Assistance: Organizing international exhibitions, trade fairs, and buyer-seller meets to connect Indian exporters with global buyers.

  • Advisory Services: Providing insights on international standards, certifications, and market entry strategies to ensure Indian products meet global requirements.

  • Policy Advocacy: Acting as an interface between the engineering industry and the government, contributing to policy formulation that benefits exporters.

  • Capacity Building: Conducting workshops and seminars to enhance the capabilities of SMEs, enabling them to compete effectively in international markets.

Altus Exports: Partnering with Indian Manufacturers for Global Success

While organizations like EEPC India provide macro-level support, companies like Altus Exports offer personalized assistance to Indian manufacturers aiming to export their products. Altus Exports specializes in bridging the gap between domestic manufacturers and international markets.

How Altus Exports Can Assist:

  • Expertise in Finding Buyers: Altus Exports excels in identifying potential buyers across various international markets, leveraging a deep understanding of market trends and buyer behavior.

  • Access to Comprehensive Databases: With subscriptions to numerous databases and information sources, Altus Exports provides up-to-date market intelligence, identifying new opportunities and understanding market dynamics.

  • Skilled Marketing Team: A highly trained marketing team promotes products in the international market using a blend of traditional and digital marketing techniques to generate leads and convert them into orders.

  • Extensive Network: Over the years, Altus Exports has built a vast network of contacts and partners across various industries and regions, facilitating smoother market entry and quicker establishment of products in new territories.

By partnering with Altus Exports, Indian manufacturers can navigate the complexities of international trade with ease, ensuring their products reach the right markets and achieve global recognition. To explore partnership opportunities, visit Altus Exports’ Manufacturer Partnership page.

Conclusion

The success stories of Indian engineering companies underscore the pivotal role of EEPC India in facilitating global expansion. Through strategic initiatives and comprehensive support, EEPC India has empowered exporters to overcome challenges and seize opportunities in the international arena. Complementing this institutional support, entities like Altus Exports provide tailored solutions, ensuring that Indian manufacturers not only enter but thrive in global markets.

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