Engineering is the largest industrial sector in India and accounts for 3.53% of the country's Gross Domestic Product (GDP). The country's engineering sector comprises majorly manufacturing iron, steel, related products, non-ferrous metals, industrial machinery, automobiles, auto components, and other engineering products.

India’s engineering sector is witnessing a remarkable growth over the last few years, driven by increased investment in all the important verticals. India exports engineering products to the pan global following regions: ASEAN, North-East Asia, Africa, EU, North America, CIS, Latin America, South Asia, Africa, Middle East, West Asia, etc. The engineering sector, being closely associated with the manufacturing and infrastructure sectors, is of huge strategic importance to India’s economy. The Government’s ‘Vision Plan 2030’ proposed an action plan to become a manufacturing and export hub for construction equipment and propel the development of world-class infrastructure in the country.

Subcontracting work to qualified partners continues to be an effective strategy for achieving growth in the engineering industry.  Buyers and suppliers from all industry sectors need subcontracting partners to exchange and maintain international benchmark capabilities to remain competitive in a global market.

Subcontracting help subcontractors to identify latest & potential projects of major organisations of the country in every vertical of the industry to get first-hand information to evaluate every chance to get associated to take up works. Subcontracting facilitates to engage works with prime contractors on workable rates & terms.

The engineering sector is an important component of the broader manufacturing sector. The share of engineering products in overall manufacturing output is quite significant. It is also a highly organized sector dominated by large players employing over four million skilled and semi-skilled labour.

Subcontracting facilitates the growth of all related verticals of engineering sector. In the upcoming days, this sector is likely to witness a major transformation with respect to demand growth, R & D and market operations. Future investments will benefit from strong demand fundamentals, policy support and increasing government focus on engineering sector.

SUBCONTRACT India by EEPC India creates a unique platform for the engineering and manufacturing sectors to create a global footprint for inclusive growth.