New Delhi, May 23 (KNN) The Engineering Export Promotion Council (EEPC) India hailed Narendra Modi’s victory in the General Elections saying BJP and Modi have focused on MSME sector which plays a vital role in country’s exports.

EEPC India Chairman Ravi Sehgal congratulated Prime Minister Narendra Modi for NDA's resounding success in the Lok Sabha elections.

He expressed confidence that Modi’s return would give a boost to the country's manufacturing and exports.

"Continuous emphasis on manufacturing should start showing results as the economy is in a revival mode. Exports, especially in the engineering sector, are an integral part of manufacturing and are expected to get a top priority by the new Modi Government,” Sehgal said.

Modi has created a new brand equity for India in the world market and exporters would make full use of it, especially when the global economy is facing challenges, added EEPC India’s chief.

He said a large part of exports are produced by the SMEs which is also a great source of quality employment and it has been a key focus area of the ruling BJP and the NDA partners, said Sehgal.

He added that the RBI should take cues from the strong leadership and a stable government for lowering the interest rates. (KNN Bureau)