India's Engineering Goods Exports Surpass $100 Billion in Just 10 Months
Synopsis
India's engineering goods exports have achieved a remarkable milestone, crossing the $100 billion mark in only 10 months this fiscal year. With strong growth driven by key sectors, experts predict continued expansion in the coming months.
Key Takeaways
Engineering goods exports from India reached $101.13 billion .
4.52% year-on-year growth achieved.
Exports to the US fell by 6.8% .
Projected growth to exceed $120 billion in FY26.
Major markets include the UAE and Saudi Arabia .
New Delhi, Feb 26 (NationPress) The export of engineering goods from India has surged by 4.52% year-on-year, reaching $101.13 billion during the April to January timeframe of the fiscal year 2025-26, marking a significant milestone as it surpasses the $100 billion threshold for the first time this fiscal year, as reported by EEPC India on Thursday.
Fueled mainly by exports of copper, iron and steel, along with motor vehicles, engineering goods exports experienced a 10.4% year-on-year increase in January, amounting to $10.40 billion, despite a decline in shipments to the United States during this time.
Exports of engineering goods to the US, India’s largest market, saw a drop of 6.8% year-on-year, totaling $1.51 billion in January, down from $1.62 billion in January 2025.
“The favorable base has significantly contributed to the double-digit growth observed in January this year. Notably, Indian engineering exports have rebounded across most regions. This is encouraging news, particularly during a period when global trade is undergoing realignments due to shifting geopolitics,” stated Pankaj Chadha, Chairman of EEPC India.
Chadha further emphasized that Indian engineering exports are projected to continue their upward trajectory in the months ahead, with expectations to exceed $120 billion in FY26.
“The recent initiatives introduced by the government, especially the Market Access Scheme, are anticipated to significantly boost Indian exports. This is essential as more Indian exporters are keen to engage in global exhibitions and showcase their products on international platforms,” he added.
Additionally, EEPC India has urged the government to revisit its decision to cut RoDTEP benefits by half, in light of the ongoing challenges and uncertainties on the global front.
Among the top 25 key markets for Indian engineering goods, 19 countries reported positive growth, while 6 countries experienced negative growth.
Exports of engineering goods to major markets like the UAE, Saudi Arabia, Germany, UK, Singapore, and China saw remarkable growth during this period. In January 2026, exports to the UAE soared by 42.4%, amounting to $871.48 million, while exports to Saudi Arabia increased by 33.3% to $518.58 million.
Regionally, North America and the European Union (EU) retained their status as the top two export regions for Indian engineering goods in January this year.
Point of View
I observe that India's engineering goods exports crossing the $100 billion mark is a significant achievement. This growth reflects both resilience and potential in the face of global challenges, positioning India favorably in the international market. Continuous government support and favorable schemes will be crucial in maintaining this upward trend.
NationPress
1 Jul 2026
Frequently Asked Questions
What factors contributed to the growth in engineering goods exports?
The growth was primarily driven by strong demand for copper, iron and steel, and motor vehicles, along with a favorable comparison base from the previous year.
How much did engineering goods exports decline to the US?
Exports to the US fell by 6.8% year-on-year, totaling $1.51 billion in January.
What is the expected future growth for Indian engineering exports?
Experts predict that Indian engineering exports will surpass $120 billion in FY26.
Which countries showed significant growth in engineering goods imports from India?
Significant growth was observed in exports to countries like the UAE, Saudi Arabia, Germany, the UK, Singapore, and China.
What is the Market Access Scheme?
The Market Access Scheme is a government initiative aimed at enhancing Indian exporters' participation in global markets through exhibitions and trade shows.
