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

Growth of Engineering Industry in India - Infographic

Latest update: December, 2017

  • Engineering exports from India stood at US$ 65.23 billion in FY17
  • During FY08–FY17, engineering exports from India registered growth at a CAGR of 7.61 per cent
  • Engineering exports include transport equipment, capital goods, other machinery/equipment and light engineering products such as castings, forgings and fasteners
  • In August 2016, engineering exports by India, to its top 25 destinations, registered a growth of 5.8 per cent over August 2015
  • With the revival of demand for iron and steel in China and the US, India’s engineering exports reached US$58.8 billion in FY16.
  • During the fiscal year 2016-17, the exports have touched US$65.23 billion, which exceeds the total shipments of US$58.8 billion in 2015-16.

Note: FY - Indian Financial Year (April to March)

  • Transport equipment (which includes Auto and auto component including Aircraft and ship boats) is the leading contributor to engineering exports. The segment accounted for 32.46 per cent of the total engineering exports from India in FY17.
  • Exports of iron and steel products accounted for a market share of around 22.44 per cent, in the overall exports, while industrial machinery including electrical machinery accounted for 23.85 per cent of the total engineering exports in FY17.
  • Other commodities includes medical and scientific instruments, hand tools and cutting tools, bicycle parts, office equipment, prime mica and mica products, etc. and accounted for a share of 10 per cent of the total engineering exports from India in FY17.
  • Attractive markets for Indian engineering products are USA, China, Germany, U.K., Canada, France, Russia, Japan, Australia, South Korea, Saudi Arabia and Southern Africa.

Note: FY - Indian Financial Year (April to March)
Source: Engineering Export Promotion Council, Department of Commerce



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