The Export Promotion Capital Goods (EPCG) Scheme is a flagship initiative under India's Foreign Trade Policy that allows importers to bring in capital goods at zero or concessional customs duty. This scheme is designed to facilitate technology upgradation and enhance India's manufacturing competitiveness in global markets. Key Features: Import of capital goods at zero customs duty Export obligation of 6 times the duty saved amount Export obligation period of 6 years Applicable for manufacturer exporters, merchant exporters, and service providers Under this scheme, businesses can import capital goods (including computer software systems) for pre-production, production, and post-production at zero customs duty. In return, they must fulfill an export obligation equivalent to 6 times the duty saved on the imported capital goods within a period of 6 years. The EPCG scheme is particularly beneficial for businesses looking to upgrade their manufacturing capabilities, increase productivity, and enhance the quality of their products to meet international standards.