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Trends in India's Engineering Trade
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Indian engineering exports continued its growth run for the fifth month in a row to September 2024 touching exports at US$ 9.82 billion in September 2024.
In September 2024, 26 out of 34 engineering panels witnessed positive year-on-year growth, while 8 remaining engineering panels experienced decline.
The top five export destinations USA, UAE, Saudi Arabia, Germany, Singapore, UK, Mexico etc. experienced positive growth in April-Sep 2024-25.
Region wise, North America and European Union remained India's top two destination with a total 38% share in India's total engineering exports. West Asia and North Africa (WANA) registered the highest growth of 24.1% during April-Sep 2024-25 vis-à-vis las
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