NITI Aayog to unveil EPI report on India's readiness for global trade

This Export Preparedness Index will discuss how well India performed in terms of exports in the global trade context during the financial year 2022 and how prepared the country is for the coming yearNITI Aayog is publishing the third edition of the Export Preparedness Index (EPI) for the States/Union Territos (UTs) of India in 2022, on July 17, 2023.

The report discusses how well India performed in terms of exports in the global trade context during the financial year 2022.The EPI is a comprehensive tool used to measure the preparedness of Indian states and Union Territories (UTs) for exports. Exports play a crucial role in stimulating economic growth and development. 

The methodology for the index is continuously improved by incorporating feedback from stakeholders. As a result, the results and rankings in this edition cannot be directly compared to previous editions. Nevertheless, the EPI aims to assist states and UTs in making policy changes to address their specific challenges.The EPI evaluates the performance of states and UTs across four pillars: Policy, Business Ecosystem, Export Ecosystem, and Export Performance. Each pillar consists of sub-pillars that assess a state's performance using relevant indicator

The Business Ecosystem assesses the overall business environment in a state/UT, including the availability of business-supportive infrastructure and the state/UT's transport connectivity.The Export Ecosystem focuses on the export-related infrastructure, trade support for exporters, and the presence of research and development to foster innovation in a state/UT.The Export Performance is an indicator that measures the growth of a state's exports compared to the previous year. It also analyses the concentration of exports and the state's presence in global markets.