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India engineering goods exports in July hit all-time high of $9.14 bn: EEPC

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

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Aditi Divekar Mumbai
Led by strong demand from the US, Europe and United Arab Emirates (UAE), engineering goods exports from India reached an all-time high of $9.14 billion in July, accounting for one-fourth of the country's total merchandise exports.

The engineering goods exports on a monthly basis surpassed the previous record high of $8.8 billion in June 2021, said Engineering Export Promotion Council (EEPC) today.

The US remained the top importer of India's engineering goods with total exports growing 27.23 per cent in the month under preview to $1,272 million as compared to the same month a year ago.

UAE was India’s second