India’s Engineering Exports Surge 21% to $11.48 Billion Amid Strong Demand from China
India’s Engineering Exports Surge 21% to $11.48 Billion Amid Strong Demand from China
India’s engineering exports increased by 21% year-on-year to $11.48 billion in June, primarily driven by heightened demand from China, the United States, Germany, and Oman.
Despite facing shipping disruptions in the Red Sea and Strait of Hormuz, engineering exports accounted for over 28% of India’s total merchandise exports in June. The sector demonstrated resilience, with exports to China soaring 74% to $361.47 million, while overall engineering exports for the first quarter of fiscal 2026-27 reached $34.14 billion, marking an 18.09% increase from the previous year. EEPC India emphasized the need for continued government support to sustain growth amidst emerging risks.
For journalistic integrity, this report was summarized from: economictimes.indiatimes.com