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 investments in power projects an infrastructure development. India's merchandise exports registered a growth of 9.06 percent year-on-year in 2018-19 with US$ 331.02 billion.

Export Highlights

• In FY19, India’s engineering export stood at US$ 81.02 billion and during April 2019-January 2020 stood at US$ 64.03 billion.
• Out of 209 exports destinations of Indian engineering goods, top 25 nations accounted for 75.49 percent of India's total engineering exports in 2018-19.
• During April 2019-January 2020, top 25 nations accounted for 75.2 percent of India's total engineering exports.

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 by 6.32 per cent year-on-year to reach US$ 81 billion in FY2019.

Source: EEPC India