EXPORT PROMOTION COUNCIL

Guided by,

Prof. Dr. Y. M. Puri

Department of Mechanical Engineering

VNIT, Nagpur

Submitted by:

Nishit N Ambule

WHAT IS EPC ?

Export promotion refers to that policy of the government that offers encouragement to the exporters with a view to enhance the export of the country. In order to achieve this objective they are given numerous incentives and facilities.

BACKGROUND The Export Promotion Council was established in 1992

under the Companies Act (Chapter 486) to promote Kenya’s exports.

EPC’s mandate is the promotion of exports by assisting exporters and producers of export goods to overcome bottlenecks in order to achieve higher levels of export performance and foreign exchange earnings thereby enhancing economic growth.

Since then, the activities of the EPC have been geared towards achieving this overall objective.

ExPORT PROmOTION COUNCIlS

The basic objective of EPCs is to promote and develop the exports of the country.

Each Council is responsible for the promotion of a particular group of products, projects, and services.

The EPCs keep abreast of the trends and opportunities in international markets for goods and services and assist their members in taking advantage of such opportunities in order to expand and diversify exports

PRESENT POSITION Of EPC’SPresently there are twelve EPCs under the administrative

control of the department of commerce.

These councils deal with various commodities like basic chemicals and allied products ,cotton textiles , handlooms, apparels, silk , Marine product, carpets ,gems and sports goods ,tobacco, handicrafts ,computer software and so on.

fUNCTION To provide commercially useful information and

assistance to their members in developing and increasing their exports

To offer professional advice to their members in areas such as technology up gradation, quality and design improvement, standards and specifications, product development, innovation, etc.

To organize visits of delegations of its members abroad to explore overseas market opportunities.

Cont.…

To organize participation in trade fairs, exhibitions and buyer-seller meets in India and abroad.

To promote interaction between the exporting community and the Government both at the Central and State levels.

MeMbership An exporter may or applicant need to register and

become a member of an Export Promotion Council.

On being admitted to membership, the applicant shall be granted forthwith Registration-cum- Membership Certificate (RCMC) of the EPC concerned, subject to such terms and conditions as may be specified in this behalf

Holding the certificate can also help exporters in availing benefits with respect to Customs and Excise.

Cont.…

This certificate can be obtained from the Federation of Indian Export Organizations (FIEO) which has been recognized as an Export Promotion Council (EPC) for the purpose of RCMC issuance.

serviCe offered by epC’s

prodUCt’s Trade Information .Development of Exporting Skill .Export credit, Insurance & Finance .Trade Policy Facilitation .Market Analysis ToolsExport Readiness Assessment

trade inforMation

Up-to-date, relevant and timely delivery of export trade information and market intelligence to the exporting business community;

Assessment of trade information needs;

Networking with information generating bodies and business support organizations both local and international to facilitate acquisition of information for exporters;

Development of exporting Skill Training needs analysis of the export community in

Kenya (current and potential exporters) and identify priority areas for which capacity building is needed;

Creation of a database of institutions and resource persons in Kenya to conduct exporters’ training;

Exporters’ training modules and training materials development in collaboration with identified training institutions;

Train exporters’ trainers;

traDe policy facilitation Trade Policy Division offers the following services:

Internal and external trade policy environment review and recommendation of policy review to enhance export production and competitiveness,

Contribute to trade policy dialogue,

Input to government’s macro-economic, trade and other sectorial policy formulations,

Sector specific surveys on export related activities,

cont.…Trade flow analysis using the various market analysis

tools to identify export opportunities,

Exporters’ and investors’ Road map publication.

the market analySiS toolS Providing information on trade barriers in target markets

to assist Trade officials and policy-makers in negotiations;

Assist trade support institutions identify and priorities export sectors, target markets, and develop strategies for export promotion;

Assist exporting firms access relevant information on global, regional or individual country markets and opportunities for market diversification for their products.

export reaDineSS aSSeSSment The Export Fitness Checker takes a firm through five

dimensions of business management in its revision of preparations to export.

These are :-StrategyMarketingProductionDistributionFinance Under Business

cont.…

The tool enables the company to identify possible gaps as you prepare to enter a foreign market.

If the company has already started exporting or is in other export development activities, the tool enables them to discover some useful tips.

Service charter

Vision StatementMission Statement Core values Strategic Goals Quality Policy Statement Complaints, feedback and suggestions Process

LiSt of export promotion counciLSAgricultural and processed Food Products Export

Development Authority (APEDA)

Apparel Export Promotion Council

Basic Chemicals , Pharmaceuticals & Cosmetics Export Promotion Council

The Sports Goods Export Promotion Council

Export Promotion Council for Handicrafts

The Cotton Textiles Export Promotion Council

reference

http://www.epckenya.org

http://wiki.answers.com/Q/Meaning_of_export_promotion

http://www.aepcindia.com/corporate-

http://wiki.answers.com/Q/Meaning_of_export_promotion

thank You!thank You!