President Droupadi Murmu on Monday inspired Indian engineering exporters to transform global trade challenges into big opportunities by tapping into the country’s amazing strengths. Speaking at the Engineering Export Promotion Council (EEPC)’s platinum jubilee celebration in New Delhi, she emphasized the “Nation First” spirit to keep boosting India’s economy.
Murmu pointed out how India’s engineering export markets have evolved dramatically over the past 70 years. She urged the EEPC to keep driving this positive change and strengthen the nation’s position in international trade. “India’s engineering export destinations have changed significantly over the last seven decades. The EEPC should continue this process and keep working to make India’s economy continuously stronger,” she said.
The President shared exciting news about the growth in India’s engineering exports. In the last 10 years, these exports have jumped from $70 billion to over $115 billion. This achievement stands out even more amid the many hurdles in global trade during that period. Murmu praised the EEPC for playing a key role in this impressive rise.
She described the EEPC as a vital bridge connecting Indian producers with international markets. Murmu encouraged the council to expand India’s and its entrepreneurs’ presence in the Global Value Chain. With ongoing shifts in the world trade order and international economic order, this role has become crucial, she noted.
Highlighting India’s edge, Murmu said the country excels in delivering high-quality engineering services and products at affordable costs. Many global capability centres of top companies now operate in India. She called on stakeholders like the EEPC to build India into a Global Innovation Centre by offering the right incentives and a supportive ecosystem. “Experts talk about innovation economies and catch-up economies. Innovation economies are the most competitive and prosperous in the world,” she explained.
Urging everyone involved with the EEPC to commit to this vision, Murmu said they should create an enabling environment for India’s talented youth and vibrant energy to shine. She reminded the audience of India’s ancient legacy as a leader in spirituality and trade. “Making India once again a leading centre of knowledge and trade should be the resolution of all citizens. As an important stakeholder in the economic sector, EEPC should take this resolution with great determination,” she added.
