Eta EXIM and SCM CONSULTANTS

Connecting Business Profitably

Eta (η) EXIM proposes to add value by innovation, eliminating / reduction of costs by improving efficiency of operations through their experience and the knowledge of Customer requirements. Eta EXIM will also co-ordinate in Statutory compliance and ensuring risk mitigation strategies are in place for 100% On Time Delivery of Defect free parts.

About Us

Eta EXIM and SCM Consultancy is currently a two-member team of whom one is based out of Chennai, India and the other is based out of Germany, Europe. 

Both members have over 35 years of experience each, in different functions such as purchasing, quality, engineering, value management, project management, Supply Chain management, Logistics and Marketing within the automotive industry.

WHY SOURCE FROM INDIA

Preferred Source for Engineering products.

India is a democratic country. Communication is easy with English as the language for Business Communication

The legal system is very much influenced by the UK system “Common Law”, and is strictly independent from political influence

India is the sixth largest economy in the world with a GDP (Nominal) 3050 Billion Dollars with a high growth rate

India has more than 50% of its population below the age of 25 and more than 65% below the age of 35. In 2020, the average age of an Indian is 29 years, compared to 37 for China. People are very much interested in success and growth and are absolutely willing and ambitious.

The engineering sector is the largest of the industrial sectors in India. It accounts for 27% of the total factories in the industrial sectors and represents 63% of the overall foreign collaborations.

India’s engineering sector has witnessed a remarkable growth over the last few years driven by increased investment in infrastructure and industrial production

India’s automobile production is around 5.17 Million vehicles per year (include passenger cars, light commercial vehicles, minibuses, trucks, buses and coaches – 2018)

A free trade agreement with the EU is under negotiation and it is expected to be signed in the very near future.

Engineering exports reached US$ 60.25 billion in January (FY21).

The Indian machine tool production and consumption were estimated at US$ 872.46 million and US$ 2.22 billion, respectively, in 2019-20.

100% Foreign Direct Investment is allowed through the automatic route in the Indian engineering sector.

The engineering sector in India attracts immense interest from foreign players as it enjoys a comparative advantage in terms of manufacturing cost, technology, and innovation.

India has a favourable regulatory policies and growth in the manufacturing sector.

Indian Government’s vision is to make India a US$ 5 trillion economy and a US$ 1 trillion manufacturing sector.

Turnover of capital goods industry is expected to increase to US$ 115.17 billion by 2025F. India’s engineering R&D market will increase from US$ 36 billion in FY19 to US$ 42 billion by FY22.

The export of engineering goods is expected to reach US$ 200 billion by 2030. Many international companies are maintaining their souring teams in India

In 1980, ISRO (Indian Space Research Organisation) launched satellite RS-1 onboard its own SLV-3 making India the sixth country to be capable of undertaking orbital launches.

India exports engineering goods mostly to US and Europe, which account for over 60% of the total export.

ISRO was the world’s first space agency to find water on the moon and insert a probe in orbit of Mars in its maiden attempt. It has the world’s largest constellation of remote-sensing satellites and operates two satellite navigation systems.

Due to the wide engineering knowledge & capability, technical manpower & resources, reliability, legal systems, ease of communication and democratic values India is a Most Preferred Source for Engineering products.