Trade Analytics
Engineering
Engineering exports from India increased 14.7 per cent to US$ 70.6 billion in FY15’.

Indian Engineering Industry Analysis

Latest update: November, 2016

Inflow of foreign investments

  • Cumulative FDI inflows increased to US$ 28.22 billion in FY16* from US$ 8.9 billion in FY10.
  • The government’s increasing focus on attracting foreign investors in manufacturing and infrastructure is likely to boost FDI in the sector.

Key categories of engineering exports

  • In FY16, Transport equipment ( which includes Auto & auto component including Aircraft and ship boats) is the leading contributor to engineering exports.
  • Exports of iron & steel products accounted for a market share of around 19.8 per cent, while industrial machinery including electrical machinery accounted for 24.8 per cent of the total engineering exports.
  • Exports of iron & steel products accounted for a market share of around 19.8 per cent, while industrial machinery including electrical machinery accounted for 24.8 per cent.

 

Last Updated: November, 2016

The Indian engineering sector is divided into two major segments - heavy engineering and light engineering. The capital goods and engineering turnover in India is expected to reach US$ 125.4 billion by FY17. Likewise, Electrical equipment market size is forecast to reach US$ 100 billion by FY22 

Comparative advantage vis-à-vis peers in terms of manufacturing costs, market knowledge, technology and creativity has been a driving force for engineering exports from India. Engineering exports from India stood at US$ 70.6 billion in FY15, registering a Compound Annual Growth Rate (CAGR) of 11.1 per cent over FY08-15.

Companies engaged in the engineering sector are virtually on a roll. Capacity creation in sectors like infrastructure, power, mining, oil & gas, refinery, steel, automotives, and consumer durables has been driving demand in the engineering sector. Separately, the approval of significant number of special economic zones (SEZs) across the country and the development of the Delhi Mumbai Industrial Corridor (DMIC) across seven states is expected to further bolster the engineering sector.

With 100 per cent Foreign Direct Investment (FDI) allowed through the automatic route, and initiatives like ‘Make in India’, major international players have entered the Indian engineering sector due to significant growth opportunities available. Cumulative FDI in the sector totaled US$ 26.6 billion over April 2000–May 2015.

Sectoral Presentation (November, 2016)

Download PDF   Download  (Size: 700.38 KB )

Posters

Brand India Pharma

BUILDING THE FUTURE

India's construction equipment market was estimated at US$ 3.47 billion in 2013 ans is expected to reach US$ 7.7 billion by 2016 growing at a CAGR of ...

+ More >

Brand India Pharma

IBEF Publications

IBEF Publication

India Now Magazine


India Now Business and Economy

English

+ More Publications >

IBEF Publication

Blog – Perspectives on India More

Powered by the Who's Who of India

author_Almirah1.jpg Reinventing traditional Indian fashion with a modern twist
Aditi Bajpai, Co-Founder & Designer, Almirah

How connecting with Indian crafts and silhouettes is making room for new business models

Almirah, a conscious clothing and bedding label for chi...

author_Anu_P._Mathai_photo_1_-_mobile_photo_1.jpg India’s economy: On a strong foundation
Anu P. Mathai, IES, Chief Executive Officer, IBEF

India's core sector output index grew by 5 per cent year-on-year at 176.1 in September 2016, as compared with 3.2 per cent year-on-year growth recorded in August 2016...

author_unnamed2.jpg Kent RO Systems: All about purity!
Dr. Mahesh Gupta, Chairman & Managing Director, Kent RO Systems Ltd

Kent RO Systems is known for revolutionising the water purification industry in India. The company today commands a market share of about 40 per cent in RO water purifier...

author_Anu_P._Mathai_photo_1_-_mobile_photo_1.jpg Mobile The best way to reach the consumer?
Anu P. Mathai, IES, Chief Executive Officer, IBEF

The mobile phone has become one of the primary devices used by the consumer today across the globe. A similar trend is visible in the Indian market as well. With a total ...

author_Anu_P._Mathai_photo_1_-_mobile_photo_1.jpg Indian film industry to reach US$ 3.7 billion by 2020
Anu P. Mathai, IES, Chief Executive Officer, IBEF

The Indian film industry is expected to grow at a compounded annual growth rate (CAGR) of 11 per cent to reach US$ 3.7 billion by 2020, according to a recently released r...

author_Narayan_51.jpg Decoding GST for manufacturing SMEs
Mr. R. Narayan, Founder & CEO, Power2SME

As the eagerly and anxiously awaited Goods and Services Tax (GST) Bill, 2016 sailed through the Rajya Sabha with two-thirds majority in which 203 members voted i...

ideas More

Ideas

3Nethra - Providing Vision of Hope
K Chandrasekhar founder of Forus Health has created 3Nethra, a compact portable optical diagnostic machine that can be used by ophthalmologists in any place or conditions. The inspiration behind the creation of 3Nethra was to treat preventable blindness, which comprise of 80 per cent of blind population of India, which itself...

JOIN IBEF.org

Join IBEF.org now. Enjoy FREE subscriptions downloads, updates and more.

Error

Already a member?
Login / Retrieve Password