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- Many South Asian countries, which used to account for a small share in Indian engineering exports, are now emerging as promising markets.
- The EEPC, the apex body of Indian engineering exports, gives credit to the ‘Neighbourhood First’ policy of PM Modi.
- “South Asian countries have become a major market for us, giving us more than 15% of the total shipments,” Anupam Shah, EEPC Chairman, said.
- An EEPC official said that while Sri Lanka, Bangladesh and Nepal were major importers, there was insignificant trade with Bhutan and Afghanistan and almost nil trade with Pakistan.