Kolkata: India's engineering exports rising nearly 21 per cent year-on-year to USD 11.48 billion in June reflects the sector's resilience despite global uncertainties, EEPC India Chairman Pankaj Chadha said on Monday.According to data released by the Ministry of Commerce and Industry, engineering goods exports increased from USD 9.50 billion in June 2025 to USD 11.48 billion in June this year.During the first quarter of the 2026-27 fiscal (April-June), cumulative engineering exports were estimated at USD 34.14 billion compared with USD 28.91 billion in the corresponding period last year, registering an 18 per cent growth.Read More: HDFC Bank's total workforce witnesses reduction of 3,343 employees in FY26Commenting on the numbers, Chadha said the strong export growth came despite a challenging external environment and persistent global uncertainty, underscoring the resilience of India's engineering industry.He attributed the double-digit growth to factors including free trade agreements with key partner countries, exporters' strategy of diversifying products and markets, and the rising global competitiveness of 'Brand India' engineering products."The strong performance of the sector reflects the collective efforts of industry and the government," Chadha said.
21% YoY rise in engineering exports in June shows sector's resilience amid global challenges: EEPC India Chairman Pankaj Chadha
Engineering exports rose nearly twenty-one percent year-on-year in June. This growth reached eleven point four eight billion dollars, reflecting sector resilience. Cumulative exports for the first quarter also showed an eighteen percent increase. Free trade agreements and market diversification contributed to this strong performance.
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