Soon, States Will Get Services Exports Information And Facilitation Centers SEPC has received positive responses from Uttarakhand and Karnataka: Sunil H Talati, chairman, SEPC

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

SEPC

Services Export Promotion Council (SEPC) is in the process of setting up Services Exports Information and Facilitation Centers across states and has received positive responses from Uttarakhand and Karnataka. "Meetings are under way for 14 other states. The government of India is working with the state/UT governments towards creating an institutional mechanism at the district level to ensure each district achieves its potential as an export hub," said Sunil H Talati, chairman, SEPC.

Services export from India contributes to around 40 per cent of total exports from the country. "Services industry has grown on its own with minimal support from the government. Now, looking at services' contribution to a country's GDP, employment, FDI inflows and exports, the industry expects recognition and due appreciation from the government. The challenges that each sector faces are unique and deserve acute policy attention," said the chairman.

"Given the performance and resilience of the sector during the pandemic, the need of the hour is to treat the service sector at par with manufacturing units. In fact, services are a major source of employment along with agriculture and manufacturing sectors," he added.

SEPC was set up by the ministry of commerce and industry. It provides a global platform for increasing trade in services, enhancing strategic cooperation and strengthening multilateral relationships among all stakeholders in the Industry. The council aims to make India an international services export powerhouse by effectively promoting and representing every sector of Indian services.

Shrabona Ghosh

Senior Correspondent

I write on corporates and lead a project called 'Corporate Innovations', wherein I cover large enterprises across technology, auto, FMCG and avaition. I engage in CEO dialogues and run my podcast series: The Big Bosses. You can reach out to me at gshrabona@entrepreneurindia.com
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Branding

Creating a Brand: How To Build a Brand From Scratch

Every business needs good branding to succeed. Discover the basics and key tips to building a successful brand in this detailed guide.

Innovation

It's Time to Rethink Research and Development. Here's What Must Change.

R&D can't live in a lab anymore. Today's leaders fuse science, strategy, sustainability and people to turn discovery into real-world value.

Marketing

How to Better Manage Your Sales Process

Get your priorities in order, and watch sales roll in.

Business News

AI Agents Can Help Businesses Be '10 Times More Productive,' According to a Nvidia VP. Here's What They Are and How Much They Cost.

In a new interview with Entrepreneur, Nvidia's Vice President of AI Software, Kari Briski, explains how AI agents will "transform" the way we work — and sooner than you think.

Starting a Business

Passion-Driven vs. Purpose-Driven Businesses — What's the Difference, and Why Does It Matter?

Passion and purpose are both powerful forces in entrepreneurship, but they are not the same.