Engineering Goods Exporters

The final report in the series gauges Ludhiana's industrial pulse as 50% US tariff looms

The country's engineering exports conceded a marginal fall of 0.82 per cent year-on-year to USD 9.89 billion in May due to a higher statistical base and geopolitical tensions in West Asia, EEPC India said in a statement. According to EEPC, the share of engineering goods in the country's overall merchandise exports increased to 25.53 per cent during this period. India's engineering exports to the US, a top destination among major exporting countries, remained positive in May 2025 with total shipments growing 4.6 per cent to USD 1.74 billion year-on-year. Engineering shipments to China registered a 5.1 per cent year-on-year decline to USD 207.36 million in May this year as compared to USD 218.59 million in the corresponding month last year, the statement said. To countries like Germany, the UK, Japan, Italy and Italy, engineering goods exports showed positive growth in May this year, while shipments to Mexico, Turkey and Vietnam showed negative growth. On a cumulative basis, India's

The industry body said this marked the first drop in monthly shipments of engineering goods since April 2024, ending a nine-month growth streak

The meet comes against the backdrop of merchandise exports hitting a 25-month low in November amid continued geopolitical tensions as well as a decline in petroleum prices

One of the election agendas was unemployment. You cannot do capex without generating employment. It is interlinked, says analyst

The exports of engineering goods - comprising over a fourth of India's export basket - grew 2.1 per cent to $109.3 billion

Despite various challenges arising out of geopolitical tension and tight financial conditions in major advanced economies, India's engineering goods exports recorded a year-on-year growth of 10.20 per cent to USD 10.04 billion in December 2023. While this represents a strong rebound, the sector still faces uncertainties due to the prevailing global economic conditions, an EEPC official said. "It has been a challenging period for engineering exporters. Tensions in Europe and now in West Asia have posed significant downside risks," Engineering Export Promotion Council of India Chairman Arun Kumar Garodia said. "Projections indicate a potential slowdown in global growth in 2024, and factors such as high interest rates and low consumer spending are expected to continue affecting the sector this year," he said. Considering these factors, EEPC maintains a cautious optimism and hopes that geo-political tension will ease, leading to an improvement in the global macroeconomic situation, ...

Engineering goods exports to Russia continued its uptrend and more than doubled to USD 123.65 million in July 2023 as against USD 55.65 million in the corresponding period a year ago, according to data released by EEPC. During the same period this year, engineering exports to the US declined 10.4 per cent on-year to USD 1.44 billion, it said. Engineering shipments to China during in July also fell 10 per cent year-on-year to USD 197.98 million, the data released by the Engineering Export Promotion Council showed. Among the 25 key markets for Indian engineering goods, which contribute to more than 76 per cent of total exports, 14 countries witnessed a year-on-year decline in July, it said. India's overall engineering exports dropped 6.62 per cent to USD 8.75 billion in the month under review from USD 9.37 billion in the year-earlier period. This was mainly due to a fall in exports of iron, steel and aluminium coupled with reduced global demand, EEPC said. EEPC India Chairman Arun

India's top five export destinations for engineering goods include the US, China, the UAE, Italy and Germany

Sector accounts for a fourth of country's total merchandise exports by value during the month; US remains top importer

Engineering goods witnessed the maximum increase during the week, owing to higher demand from US and Italy

Outbound shipments grew by nearly 50 per cent over July 2020, which can be partly attributed to a favourable base

India's engineering goods exports to 23 key markets, including the US, China and Germany recorded positive year-on-year growth in April 2021, EEPC India said on Saturday

For Q3 as a whole, it sees outbound shipment declining by 1.77%

Non-petroleum non-jewellery exports were up 6.16 per cent at $21.23 billion in the month. Imports also broke the nine-month trend of fall and clocked a 2.48 per cent rise to $37.5 billion in February.

In a presentation made to the Union government, EEPC chose products that were used by the broad majority of the engineering industry