Fuelling India’s Export Growth Through Dedicated EOUs & SEZs

Export Promotion Council for EOUs & SEZs (EPCES) has been set up to service the export promotional needs of 100% Export Oriented Units (EOUs), Special Economic Zone (SEZ) Units and Special Economic Zone Developers in the country and has been recognized by the Ministry of Commerce, Government of India. Its objectives are:

• To promote exports from India and to earn more foreign exchange for the country.

• To facilitate interaction between the exporting community and Government both at the Central and State level.

• To canalize financial assistance rendered by the Central Government to members for assisting their export market development efforts.

• To collaborated with other export promotion councils/ export promotion organizations in India and similar bodies in foreign countries as well as with international organizations working in the field.

1. CONTRIBUTION OF EOUs and SEZs TO THE INDIAN ECONOMY

EOUs and SEZs play a stellar role in the growth of exports from the country and in 2014-15 total export from EOUs & SEZs were recorded at Rs. 5,28,091 crores (US $ 83 Billion). Of these exports from EOUs stood at Rs. 64,321 crores (US $ 10 Billion) and those from SEZs at Rs.4, 63,770 crores (US $ 73 Billion).
EOUs/SEZs cover major industrial sectors, like textiles, garments & Yarns, Gems & Jewellery, Leather goods, Food & Agro Products, Electronics & Software, Pharmaceuticals & Chemicals, Engineering, minerals, Granites & other stones, Plastic & Rubber Goods etc.

• Export Promotion Council for EOUs and SEZs (EPCES) has been set up in January, 2003 to cater to the export promotional needs of 100% Export Oriented Units (EOU), Special Economic Zone (SEZ) Units and Special Economic Zone Developers in the Country.

• EPCES has been recognized by the Ministry of Commerce, Government of India Vide DGFT Public Notice No. 59/2002-7 dated 15-1-2003 and Register with Registrar of Societies under Societies Registration Act XXI of 1860.

• EPCES is the first Export Promotion Council which is scheme specific Export Promotion Council and is consequently a multiproduct Export Promotion Council.

• EPCES represents EOU/SEZ Sector which cover major industrial sectors, like textiles, garments & yarns, gems & jewellery, leather goods, food & agro products, electronics & software, pharmaceuticals & chemicals, engineering minerals, granites & other stones, plastic & rubber goods etc. EOU/SEZ Sector has approximately 6,000 operational EOU/SEZ Units/SEZ Developers spread all over the country.