Have India's engineering exports really surged by 60% since 2014?
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Synopsis
India's engineering exports have soared by 60% since 2014, a testament to the successful 'Make in India' initiative, according to Minister Piyush Goyal. This growth reflects a broader industrial improvement and a solid demand for Indian products globally. Discover how these trends impact the economy and future job creation.
Key Takeaways
- Engineering exports have surged by 60% since 2014.
- The ‘Make in India’ initiative is a key factor in this growth.
- Industrial production rose by 2.7% year-on-year in April 2025.
- Manufacturing sector growth improved to 3.4% in April.
- Strong consumer demand contributes to economic growth.
New Delhi, June 20 (NationPress) The export of engineering goods from India has experienced a remarkable increase of 60% since 2014, as stated by Union Commerce and Industry Minister Piyush Goyal on Friday.
Emphasizing the success of the ‘Make in India’ initiative, the Union Minister attributed the consistent growth in engineering exports to the government's dedicated efforts over the past decade.
“India is on the rise! Since 2014, under the leadership of @NarendraModi, engineering goods' exports have surged by 60%, showcasing the robust success of ‘Make in India’,” Goyal shared on the social media platform X.
This substantial increase in engineering exports coincides with a broader enhancement in India’s industrial performance.
According to previous data from the Ministry of Statistics, industrial production in April 2025 rose by 2.7% year-on-year (YoY). The manufacturing sector, a crucial element of India’s economic advancement, registered a 3.4% increase in April, up from 3% in March.
Key sectors such as basic metals, motor vehicles, and machinery significantly contributed to this growth. Notably, the manufacture of machinery and equipment alone surged by 17%, indicating strong demand in both domestic and export markets.
The production of capital goods—essential equipment for industrial and infrastructure projects—witnessed a 20.3% increase.
This not only signals a rise in investment activity but also fosters long-term job creation and income growth. Consumer demand remains robust, with durable goods like electronics and appliances seeing an output increase of 6.4%.
India’s infrastructure development has further bolstered industrial growth. The infrastructure and construction goods sector grew by 4% in April, propelled by significant government investment in highways, railways, and ports.
With a growing global demand for quality engineering products, India's enhancing industrial output and export achievements are viewed as encouraging indicators for the economy.
Point of View
The significant rise in India's engineering exports is a clear indicator of the effectiveness of government policies, particularly the 'Make in India' initiative. This achievement not only boosts the economy but also strengthens India's position in the global market. The consistent growth across industrial sectors reflects a hopeful future, fostering job creation and investment.
NationPress
20/06/2025
Frequently Asked Questions
What is the percentage increase in India's engineering exports since 2014?
India's engineering exports have **increased by 60%** since 2014.
What initiative is credited for the growth in engineering exports?
The growth in engineering exports is credited to the success of the **‘Make in India’ initiative**.
How has industrial production changed in India recently?
Industrial production in India rose by **2.7%** year-on-year in April 2025, with the manufacturing sector seeing a **3.4%** increase.
What sectors have contributed to the growth in engineering exports?
Sectors such as basic metals, motor vehicles, and machinery have significantly contributed to the growth in engineering exports.
How does consumer demand affect the economy?
Strong consumer demand has led to an increase in the output of durable goods, which supports economic growth and job creation.
