India Engineering Goods Exports Reach Record US$122.43 bn
ECONOMY & POLICY

India Engineering Goods Exports Reach Record US$122.43 bn

India's engineering goods exports reached a record of US dollar (US$) 122.43 bn in FY 2025-26, surpassing the previous US$116.75 bn in FY2024-25 and registering growth of about five per cent, EEPC India said on Wednesday. The council characterised the outcome as a demonstration of sustained competitiveness in global markets and resilience in the face of external shocks.

The record was achieved against a backdrop of geopolitical tensions and supply chain disruptions stemming from the West Asia conflict, shifting trade policies under the Trump administration and elevated freight and energy costs. EEPC India said exporters responded through market diversification, introduction of new product lines, restructuring of supplier networks and strategic use of free trade agreements to access alternative destinations and mitigate concentrated risk.

Even in March 2026, when one of the key sea routes was disrupted, engineering exports posted marginal growth of one point one per cent, rising to US$10.94 bn from US$10.82 bn in March 2025, which the council cited as evidence of adaptability. The council emphasised that exporters maintained momentum by adjusting logistics plans, diversifying buyer bases, optimising inventory management and preserving contractual performance under strain.

EEPC India chairman Pankaj Chadha attributed the performance to industry initiative complemented by timely policy support and said the engineering community had identified fresh opportunities while pursuing both market and product diversification. He noted that free trade agreements had provided a practical framework for swift geographic pivots as traditional trade routes and procurement patterns altered under external pressures.

Looking ahead, the council said it remained cautiously optimistic on export growth in FY 2026-27 while flagging that the inflationary environment and global uncertainty warranted a measured outlook. Chadha expected geopolitical tensions to ease and conflicts to settle, a development the council suggested would pave the way for more robust engineering export expansion in the current fiscal if those conditions materialised.

India's engineering goods exports reached a record of US dollar (US$) 122.43 bn in FY 2025-26, surpassing the previous US$116.75 bn in FY2024-25 and registering growth of about five per cent, EEPC India said on Wednesday. The council characterised the outcome as a demonstration of sustained competitiveness in global markets and resilience in the face of external shocks. The record was achieved against a backdrop of geopolitical tensions and supply chain disruptions stemming from the West Asia conflict, shifting trade policies under the Trump administration and elevated freight and energy costs. EEPC India said exporters responded through market diversification, introduction of new product lines, restructuring of supplier networks and strategic use of free trade agreements to access alternative destinations and mitigate concentrated risk. Even in March 2026, when one of the key sea routes was disrupted, engineering exports posted marginal growth of one point one per cent, rising to US$10.94 bn from US$10.82 bn in March 2025, which the council cited as evidence of adaptability. The council emphasised that exporters maintained momentum by adjusting logistics plans, diversifying buyer bases, optimising inventory management and preserving contractual performance under strain. EEPC India chairman Pankaj Chadha attributed the performance to industry initiative complemented by timely policy support and said the engineering community had identified fresh opportunities while pursuing both market and product diversification. He noted that free trade agreements had provided a practical framework for swift geographic pivots as traditional trade routes and procurement patterns altered under external pressures. Looking ahead, the council said it remained cautiously optimistic on export growth in FY 2026-27 while flagging that the inflationary environment and global uncertainty warranted a measured outlook. Chadha expected geopolitical tensions to ease and conflicts to settle, a development the council suggested would pave the way for more robust engineering export expansion in the current fiscal if those conditions materialised.

Next Story
Infrastructure Transport

MMRDA Removes 1.14 lakh m of Metro Barricades

In a bid to ease congestion and improve urban mobility during monsoon, MMRDA has undertaken one of the largest coordinated barricade removal and monsoon preparedness drives across its ongoing metro and infrastructure projects.With substantial progress achieved in viaduct and structural works across multiple metro corridors, barricades from completed stretches beneath metro viaducts are being systematically removed, restoring maximum possible road space before the monsoon. Wider carriageways across key arterial roads are expected to improve traffic flow, reduce congestion, support better rainwa..

Next Story
Infrastructure Transport

Pune Division to Remove All Diamond Crossings by Year-End

The Pune railway division has announced plans to remove all 16 diamond crossings by the end of 2026 as part of a major yard remodelling project following the derailment of a Vande Bharat Express at Pune Junction on April 27. Railway authorities said the replacements aim to improve safety and streamline train operations across the busy station. The decision followed a Central Railway finding that the accident involved a non-standard diamond crossing and highlighted the need for replacement. Regular maintenance of existing crossings will continue until the replacement work is completed. Official..

Next Story
Infrastructure Urban

Goa Declares 80 Million Square Metres No Development Zone

The Goa state government has declared 80 million square metres (mn) of land a no development zone, designating the area as protected from new construction. The notification reclassifies tracts across the state under a no development category for planning and regulatory purposes. The declaration signals a formal halt to new building permits within the defined zone. Authorities indicated that maps will be issued to show broad boundaries while detailed surveys will refine precise limits. The move transfers responsibility for enforcement to local planning authorities and relevant departments, whic..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement