Project Exports, in essence, connotes setting up of projects overseas as construction and/or engineering projects.  It does also involve the export of engineering consultancy or other engineering services / goods complement as desired by the project owner.

Most of the overseas projects  are contracted, in dollars, and large engineering contractors who have been operating overseas for quite some time have learnt the mechanism of necessary safeguards against fluctuations in dollars. 

A decade in the history of Indian Project Exports has just gone by - in which Indian engineering contractors and consultants have  not only established an impressive array of clientele in diverse fields of operation across the globe but have also covered almost all sectors of civil engineering and industrial projects, most multilaterally funded and involved international competitive bidding procedure.

In other words, as we take a closer look at the decade of project exports and in the face of the fact that project possibilities and commitments (in terms of capacity utilization) at home have been increasing and rather more lucrative, the project exports have substantially increased which can be perused from the following table: