India hits $122.43bn engineering exports

- India’s Engineering Export Promotion Council said on April 23 that engineering goods exports reached a record $122.43 billion in fiscal 2025-26. - Shipments to the United States, the sector’s biggest market, rose 2.3% year over year to $19.60 billion despite higher tariffs. - Growth came as West Asia and North Africa demand weakened sharply amid geopolitical disruption. (economictimes.indiatimes.com)

India’s engineering exports hit a record $122.43 billion in fiscal 2025-26, according to data released April 23 by the Engineering Export Promotion Council of India. (economictimes.indiatimes.com) That total was up 4.86% from $116.75 billion in fiscal 2024-25, making fiscal 2025-26 the latest high-water mark for one of India’s biggest manufacturing export categories. (knnindia.co.in) The United States stayed the top destination for Indian engineering goods, with shipments rising 2.3% year over year to $19.60 billion in fiscal 2025-26. (economictimes.indiatimes.com) EEPC India said the gains came despite tariff pressure in the U.S. market and transport disruption tied to the West Asia crisis and the Strait of Hormuz route. (indiawest.com) (economictimes.indiatimes.com) The weak spot was West Asia and North Africa, where engineering exports fell sharply as regional conflict disrupted trade flows. (uniindia.com) Economic Times, citing EEPC India data, reported exports to that West Asia and North Africa region dropped 51%, with the United Arab Emirates and Saudi Arabia among the markets that declined. (economictimes.indiatimes.com) EEPC India Chairman Pankaj Chadha said exporters navigated the year through market diversification, government support measures and a push into other large destinations including Germany, the United Kingdom and China. (economictimes.indiatimes.com) The numbers show India’s engineering exporters leaning on the U.S. and Europe while Gulf demand weakened, leaving the sector with a record headline and a narrower set of dependable growth markets. (economictimes.indiatimes.com)

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