Export of projects from india

Project is an engineering venture or mission: a scheme of development work to be executed by employing the best technologies, continuous innovation and resources – human, financial and physical to create a capital asset. As technology advances, projects tend to move up in sector size as well as technological sophistication in the value-chain.

Apply For PEPC Of India




    Project Exports Promotion Council of India (PEPC)

    Project Exports Promotion Council of India (PEPC) is an export promotion council set up by the Government of India in 1984 (as Overseas Construction Council of India).
    PEPC in line with the Foreign Trade Policy of the Government (of India) not only undertakes the necessary export promotion initiatives but also provides necessary technical information, guidance and support to Indian Civil and Engineering (EPC) construction including process engineering contractors and consultants – in public or private sector – to set up overseas projects in any of the following modules of engineering service.

     CIVIL CONSTRUCTION (STRUCTURES/INFRASTRUCTURE)
     TURNKEY
     PROCESS AND ENGINEERING CONSULTANCY SERVICES
     PROJECT CONSTRUCTION ITEMS (EXCLUDING STEEL AND CEMENT) / PROJECT GOODS

    SONIA KL

    Expertise in PEPC License

    4.5/5

    Products Covered under PEPC

    The products covered under the Project Exports Promotion Council of India (PEPC) are explained in detail below:

    • Construction engineering products
    • Construction equipment and accessories
    • Builders’ Hardware (Doors & Windows)
    • Sanitary and allied products
    • Electrical, Electro-mechanical and building automation systems
    • Building components construction material (marble, granite, tiles)
    • Glass and Glazing systems and Architectural products
    • Wood/Timber products
    • Engineering plastic-based systems
    • Construction Equipment and Accessories
    SIGNIFICANCE OF Project Exports

    Project exports not only earn foreign exchange for the country, but also provide an opportunity to the industry in providing additional avenues of growth and employment. Besides, Project exports act as a catalyst for technological maturity and advancement of Indian construction and engineering companies. They indicate growing technological sophistication of Indian exports giving visibility to the Indian technical expertise and project execution capability in overseas markets and thus boost the economy in manifold ways including generating project revenues, creation of secured markets for goods and services, import of new technology and training of personnel, employment creation during project construction and operation phases and leading to earning/repatriation of foreign exchange. Since the realizations from overseas projects are spread over a longer term period they provide regular flow of foreign exchange and help absorb fluctuations in foreign exchange due to outflows.

    India has been actively involved in project exports, with many Indian companies making a name internationally in the project exports market. Satisfactory performance, in terms of cost effectiveness, application of technical expertise and timely delivery of quality products and services have earned Indian project exporters a fair degree of goodwill and standing.Besides, project exports carry the following essential advantages in the present context of liberalization and globalization and hence new strategic initiatives should be regularly taken to promote project exports:

    1. Opportunity to export a set of goods and services bundled within project exports thereby opening avenues for export of these goods and services on standalone basis in future thus giving a fillip to other ancillary industries also

    2. Establish strategic presence in a regioncountry.

    3. Project Exports can be used as effective tool to maintain trade balance owing to capital intensive nature of the projects.

    4. Support funding provided by the banking system is of self-liquidating nature over a period of time.

    5. Project exports provide employment opportunities to trained/skilled manpower.

    6. Provides exposure to state-of-the-art construction technologies to both industry and Indian manpower being employed.

    how we help

    Align Costs with Strategy & Focus on Growth

    Policy Interventions for enhancing Project Exports from India

    PEPC has been making representations to the Government for necessary policy intervention to address the following issues identified after consultations with Project Exporters:

    • Collation of Project Exports data: Data on Project Exports is not being compiled by DGCI&S due to absence of definition of project exports in FTP and other provisions in procedural framework. DGFT had organized meetings with stakeholders to address the issue and industry is hopeful that necessary provisions and inclusions would be made after the mid-term review of the FTP which would enable collation of data. Project Exports data would be key in addressing the following issues:

    1. Identify goods and services utilized in overseas projects and help identify inputs not currently being sourced from India thereby enhancing the Indian content.

    2. Segregation of goods component in Project Exports would help in claiming SEIS & MEIS benefits thereby encouraging more companies to explore overseas markets.

    3. The Project Exports identifier would help segregate other Mode-3 services from Project Exports and allow exemption from SEIS clause that disqualifies companies with commercial presence overseas to claim benefits under the scheme

    4. Help establish a mechanism to claim export benefits on 10-15% value held back for performance guarantee.

    PEPC Membership Benefits

    The registered trader of PEPC can get the following benefits offered by the council.

    • The PEPC regularly collects, collates and disseminates technical and other information pertaining to overseas markets and new project possibilities worldwide to member companies through a monthly magazine: GPO (Global Project Opportunities)
    • The PEPC provides joint ventures, technical collaborations and strategic alliances to its members
    • The council is disseminating market information, trends and policy implications
    • The PEPC is publishing information on technical, commercial and technological developments pertaining to project exports sectors
    • PEPC member can participate in major international fairs and specialized trade shows across the globe, the council also organizing buyer-seller meets in India and abroad besides B2B meets in focus countries
    • The Project EPC is offering technical, marketing and export assistance to Indian exporters
    • The council conducts fairs, seminars, and lectures for exchange of information, knowledge, ideas, and strategies
    • The council is serving as a focal point between the industry members and government while focusing on the overall growth and development of the Indian project exports
    • As mentioned above, the PEPC is coordinating the promotion of technical and economic cooperation between Indian project exporters and foreign companies
    • The council has formed the Screening Committee to permit capable companies to undertake projects overseas.
    Documents for Coffee Board License
    1. 1. A self certified copy of the certificate/document relating the Import-Export Code number granted/allotted by the Licensing authority.

      2. A certified copy of annual turnover during the preceding year.

      3. In case the application is being made for registration as a Manufacturer, the applicant should also submit

      a. Either a certified true copy (Photostat) of the registration as Manufacturer granted by the State Directorate of Industries with whom the applicant is registered as a SSI unit,
      or
      b. In case the applicant is a Non-SSI unit, a certified true copy (Photostat) of the product code / factory code allotment letter, issued by the DGTD/SIA, New Delhi,
      or
      c. Any other documentary evidence e.g. Certificate from Excise dept. etc. indicating the production figures. Excise duty paid thereon etc. as may be acceptable to the Council to determine that the applicant can be given a status of a Manufacturer.