New Delhi, April 15 (IANS) India’s engineering goods exports reached an all-time high of $122.43 billion in FY 2025–26, surpassing the previous record of $116.75 billion in FY2024–25 and posting a growth of about 5 per cent, industry body EEPC India said on Wednesday.The body called the achievement a testament to the sector’s resilience amid an exceptionally challenging external environment.The record was achieved against a backdrop of geopolitical tensions, supply chain disruptions stemming…
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New Delhi, March 25 (IANS) Despite geopolitical conflicts and global economic slowdown, India’s engineering goods exports recorded double-digit growth in February 2026 crossing $10 billion, a report said on Wednesday.India’s engineering exports achieved 12.9 per cent year-on-year (YoY) growth as it touched $10.36 billion. Among 25 key markets for Indian engineering goods exports, shipments to 17 countries grew during the month, EPC India said in the report.Engineering shipments to the US and U…
New Delhi, March 2 (IANS) IT industry’s apex body Nasscom on Monday said it has advised member companies to defer travel to affected areas amid the evolving situation in the Middle East.Member companies have also been advised to enable work-from-home arrangements for employees currently in the region, said Nasscom in a statement.“We are in constant touch with the Nasscom Middle East Council and advise all employees in the region to remain in regular contact with their respective local embass…
New Delhi, Feb 26 (IANS) Engineering goods exports from India grew by 4.52 per cent year-on-year to $101.13 billion during the April-January period of 2025-26, crossing the $100 billion mark for the first time in the current fiscal, EEPC India said on Thursday.Driven primarily by copper, iron and steel, and motor vehicles, engineering goods exports recorded a 10.4 per cent (on-year) rise in January to $10.40 billion even as shipments to the US recorded a decline during this period.Engineering go…
New Delhi, Feb 1 (IANS) Industry on Sunday hailed the Union Budget 2026–27 for adopting a steady and largely inclusive approach, reinforcing India’s manufacturing and technology ecosystem through policy continuity, scale, and targeted reforms.The sustained focus on electronics manufacturing, the launch of India Semiconductor Mission (ISM) 2.0, and the significant expansion of the Electronics Component Manufacturing Scheme (ECMS) reaffirm the government’s long-term commitment to building re…
New Delhi, Dec 25 (IANS) India saw highest engineering exports of this fiscal at $11.01 billion in November, driven by a favourable base effect and a sharp jump in shipments to the US and EU, industry data showed on Thursday.Exports to India’s top two major destinations, the US and the EU, jumped significantly in November this year. Exports to the EU witnessed a hefty 39 per cent increase in November after declining in the previous two months.During November this year, engineering exports achiev…