Export Preparedness Index 2024 Latest News
Recently, NITI Aayog released the Export Preparedness Index (EPI) 2024.
About Export Preparedness Index 2024
- It is a comprehensive assessment of export readiness across India’s States and Union Territories (UTs).
- It recognises the diversity of subnational economic structures and their critical role in advancing India’s global trade ambitions.
- The first edition of the EPI was published in August 2020 and this is the 4th edition.
- Framework and Coverage: It is structured around four pillars, further disaggregated into 13 sub-pillars and 70 indicators. Four Pillars are:
- Export Infrastructure (20% Weightage)
- Business Ecosystem (40% Weightage)
- Policy and Governance (20% Weightage)
- Export Performance (20% Weightage)
- Classification of States and Union Territories: States and UTs have been categorised into Large States & Small States, North East States and Union Territories.
- Within each category, they are further classified as
- Leaders: States/UTs demonstrating relatively high export preparedness
- Challengers: States/UTs with moderate preparedness and scope for improvement
- Aspirers: States/UTs at early stages of export ecosystem development
- Under EPI 2024, the following States and UTs have emerged as leading performers in their respective categories:
- Leading Performers – Export Preparedness Index (EPI) 2024
- Large States: Maharashtra, Tamil Nadu, Gujarat,Uttar Pradesh, Andhra Pradesh
- Small States, North Eastern States & Union Territories: Uttarakhand, Jammu and Kashmir, Nagaland, Dadra and Nagar Haveli & Daman and Diu, Goa
- Leading Performers – Export Preparedness Index (EPI) 2024
Source: PIB
Export Preparedness Index 2024 FAQs
Q1: Which state topped the Export Preparedness Index 2024 in the large states category?
Ans: Maharashtra
Q2: How many pillars is the Export Preparedness Index 2024 structured around?
Ans: 4