Indian Engineering Exports To US Hit Record High
NEW DELHI-India’s engineering exports to the United States rose 2.3 per cent year-on-year to $19.60 billion in FY26, retaining the U.S. as the sector’s top export destination despite higher tariffs, according to industry data released on April 23.
Data compiled by the Engineering Export Promotion Council (EEPC) India showed overall engineering exports touched a record $122.43 billion in FY26, up nearly 5 per cent from $116.75 billion in the previous fiscal.
However, shipments to the Middle East and North Africa (MENA) region declined sharply amid geopolitical disruptions.
On a regional basis, engineering exports to North America rose 1.9 per cent, while shipments to the European Union increased 8.6 per cent during the fiscal year.
According to government estimates, engineering goods remained the largest component of India’s merchandise exports in FY26, accounting for 27.71 per cent of the total. (IANS)