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Trends in India's Engineering Trade
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Indian engineering exports continued its growth run for the seventh straight month to November 2024 and this time the growth was also impressive at 13.75 percent year-on-year.
In November 2024, 24 out of 34 engineering panels witnessed positive year-on-year growth, while 10 panels experiencing decline.
The top five export destinations USA, UAE, Singapore, Saudi Arabia, Germany, etc. experienced positive growth in April-Nov 2024-25.
Region wise, North America and European Union remained India's top two destination with a total 37% share in India's total engineering exports. Highest growth observed in Sub Saharan Africa, ASEAN and Other EU in November 2024.
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As on today (5th February 2025)
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