#engineeringgoods

India’s engineering goods sector continues to show positive export performance in global trade. Engineering goods exports from India recorded 3.63% growth during April–June FY 2025–26, reaching US$ 28.90 billion, compared to US$ 27.89 billion in the same period of FY 2024–25. The highest growth was observed in April 2025 with an 11.29% increase, reflecting steady global demand for Indian engineering products across various industries.

As per preliminary government data, India’s merchandise exports in April 2021 was US$ 30.21 billion, up 197.03% over US$ 10.17 billion in April 2020 and an increase of 16.03% over US$ 26.04 billion in April 2019.

Continuing with the positive growth, the country's exports grew by 10.3 per cent to USD 683 million during the first week of February on account of strong performance by key sectors such as engineering and chemicals, an official said on Wednesday. Imports too increased by a marginal 0.7 per cent to USD 72.5 million during the week, the official added. Trade deficit narrowed by 19.4 per cent to USD 610 million. Engineering goods showcased the maximum growth and the outbound shipments witnessed multifold increase to USD 1.6 billion during February 1-8. Exports of organic and inorganic chemicals stood at USD 617 million during the period. However, some sectors which recorded negative growth include meat, dairy and poultry products; oil meals; and fruits and vegetables. Further, gold imports increased by 70.7 per cent to USD 391.9 million during the week. Imports of petroleum products dipped 29.5 per cent to USD 951.7 million. Exports in December 2020 and January had recorded positive growth. Source link Read the full article

Engineering exports for January, 2021 have gone up to USD 7174.43 from USD 6011.43 in the same month last fiscal , raising prospects for February and March.