Engineering Goods Exports From India

Introduction

Engineering is by far the largest segment in the Indian industry, employing approximately four million skilled and semi-skilled workers. The engineering sector has witnessed tremendous growth, led by significant investment in power projects an infrastructure development

Export Highlights

• In FY19, India’s engineering export stood at US$ 81.02 billion and for FY20, it stood at US$ 75.97 billion.
• Engineering contributes 25% of India’s total exports in goods and is its largest foreign exchange earner.
• The engineering sector has a 30% weight in India’s Index of Industrial Production.
• Out of 209 export destinations of Indian engineering goods, top 25 nations accounted for 75.49% of India's total engineering export in 2018–19.
• During April 2019–January 2020, top 25 nations accounted for 75.2% of India's total engineering export.
• The engineering goods export was US$ 26.80 billion in April–August 2020 and for August 2020, it was US$ 6043.13 million*.
• The top three destination of Indian engineering exports during April–July 2020–21 were USA, China, and Singapore.

EEPC India (Formerly Engineering Export Promotion Council)

EEPC India has more than 13,000 members, including small and medium enterprises (SMEs) and trading houses.

The export of engineering goods grew 6.32% y-o-y to reach US$ 81 billion in FY2019.

Source: 

• EEPC India
• Press Information Bureau
• Directorate General of Commercial Intelligence and Statistics

Note: * - Provisional Value