How Can President Murmu Inspire Exporters to Convert Global Trade Challenges into Opportunities?
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Synopsis
In her recent address, President Droupadi Murmu inspires Indian exporters to turn global trade challenges into opportunities, highlighting India's capabilities in engineering exports and the need for innovation. With a call for action, she emphasizes the importance of an enabling ecosystem for entrepreneurs and stakeholders.
Key Takeaways
- Transform challenges into opportunities
- Enhance India's role in Global Value Chain
- Support innovation to strengthen the economy
- Leverage India's capabilities in engineering
- Reclaim India's historical trade leadership
New Delhi, Sep 8 (NationPress) President Droupadi Murmu on Monday encouraged Indian exporters in the engineering sector to transform the obstacles of global trade into valuable opportunities by leveraging the remarkable capabilities that India possesses.
“Over the past seventy years, the destinations for India's engineering exports have undergone significant transformation. The Engineering Export Promotion Council (EEPC) must persist in this evolution, working diligently to strengthen India's economy with a Nation First approach,” the President stated during her address at the EEPC’s platinum jubilee celebration.
Murmu expressed her satisfaction in noting that India's engineering exports have surged from $70 billion to over $115 billion in the past decade. This growth is particularly commendable given the numerous challenges faced in international trade during this period. She commended the EEPC for its role in achieving this milestone.
The President emphasized that the EEPC serves as a vital link between the global market and Indian manufacturers. She urged the council to constantly enhance India's participation and that of Indian entrepreneurs in the Global Value Chain, particularly in light of the ongoing shifts in the World Trade Order and International Economic Order.
Furthermore, she highlighted that India's strength lies in providing high-quality engineering services and products at competitive prices. Major global companies have established their Global Capability Centres in India. Stakeholders such as the EEPC should aim to position India as a Global Innovation Centre by fostering the right incentives and ecosystem. Experts in global trade recognize that innovation economies are the most competitive and prosperous.
She called on all EEPC stakeholders to commit to transforming India into a leading innovation economy by nurturing the talent and energy within the country.
President Murmu also reflected on India's historical leadership in both spirituality and trade. She urged that the goal of re-establishing India as a premier hub of knowledge and trade should resonate with all citizens. As a key player in the economic sector, the EEPC should embrace this mission with unwavering resolve.
Point of View
I believe that President Murmu’s call to action resonates with the current economic landscape. It is crucial for our nation to harness its strengths and innovate to thrive in the competitive global market. The EEPC's role in this transformation is vital, and a collective effort is needed to realize this vision.
NationPress
08/09/2025
Frequently Asked Questions
What did President Murmu say about engineering exports?
President Murmu emphasized the need for Indian exporters to convert global trade challenges into opportunities, underlining the growth of engineering exports from $70 billion to over $115 billion in the last decade.
How can EEPC support Indian exporters?
The EEPC can act as a bridge between the international market and Indian manufacturers, helping to expand India's role in the Global Value Chain.
What is India's position in global engineering services?
India is recognized for its high-quality engineering services and products at competitive prices, with many global companies establishing their Global Capability Centres in the country.
