Role of Engineering Export Promotion Council in development of capital goods exports: A case on Indian Manufacturing Industry

This case study gives detailed insights upon the role of Engineering Exports Promotion Council (EEPC) in promoting the exports of capital goods. Manufacturing sector has seen a long stagnant time in the recent past but has now started to show some signs of improvement in its performance. It is a resultant of many initiatives and policy changes along with macroeconomic improvement which has also improved the attractiveness in this segment or exporting as whole. There are many products which are listed under Capital Goods segment whereby most of the products have shown growth rates above 15% but some products have also shown as steep fall as 70%. Also, the market of the exports have been well-diversified within past 60 years, but still it is skewed towards Asia which needs to be taken care of by increasing the diversification process and tapping new potential markets for India's Capital Goods exports.