Murmu Speaks to Exporters
New Delhi
President Droupadi Murmu has urged India’s engineering exporters to transform global trade challenges into opportunities by leveraging the country’s strong industrial and technological base. Addressing the Engineering Export Promotion Council’s (EEPC) platinum jubilee in New Delhi, she emphasized that the council must continue reshaping India’s export profile with the guiding spirit of “Nation First.”
The President noted that India’s engineering exports have risen sharply from $70 billion a decade ago to over $115 billion today, despite turbulence in international markets. She commended EEPC for bridging the gap between Indian producers and global buyers and stressed that its role is increasingly vital as shifts in world trade and economic orders redefine supply chains.
Highlighting India’s competitive edge, Murmu pointed to the country’s ability to deliver high-quality engineering products and services at lower costs. She underlined that many of the world’s largest companies have established Global Capability Centres in India, a testament to its growing reputation.
Murmu encouraged EEPC and exporters to aim for India’s transformation into a global innovation hub by nurturing talent, fostering research, and creating the right ecosystem. She urged stakeholders to pledge toward making India a leading innovation-driven economy.
Recalling India’s historical prominence in trade and knowledge, the President called on industry leaders to revive that legacy, making India once again a trusted centre for commerce and innovation on the world stage.
Box: Union Commerce and Industry Minister Piyush Goyal has expressed confidence that India’s engineering exports, which stood at just $10 million in 1995 and now exceed $116 billion, will continue to expand with “bigger goals and greater strength.” Goyal credited India’s resilience in trade and the pivotal role of micro, small and medium enterprises (MSMEs) in driving industrial growth. He reaffirmed India’s commitment to the “Zero Defect, Zero Effect” vision, emphasizing the need for globally competitive, high-quality products.
