Engineering goods kick start FY26 with double-digit growth: EEPC India

ANI May 22, 2025 264 views

Indian engineering goods exports kicked off FY26 with an 11.28% surge to $9.51 billion in April. The rebound was driven by strong US and UAE demand alongside recovering iron-steel shipments. EEPC India credits government support and new trade deals like the UK FTA for sustaining growth. Regional highlights include 36% Oceania and 31% African export jumps despite global headwinds.

"Our exporters achieved growth despite global challenges" - Pankaj Chadha, EEPC India Chairman
New Delhi, May 22: Indian engineering goods exports on Thursday recorded an 11.28% year-on-year growth in April, reaching USD 9.51 billion, attributed to a lower base effect and increased shipments of electric machinery, ships, motor vehicles, and copper products.

Key Points

1

11.28% YoY rise to $9.51B in April

2

US shipments up 17% UAE 37%

3

Iron-steel rebound aids growth

4

UK FTA strengthens export momentum

According to the release, the positive iron and steel exports growth after several months was also of the factors for double-digit growth in engineering goods exports in April.

It highlights that engineering goods exports to the US grew 17% on a year-on-year basis to USD 1.66 billion in April this year compared to USD 1.42 billion in the corresponding month last year. This came along with the rise of 37.3% in shipments to the UAE, 37.3% to USD 538.8 million (from US$392.5 million).

Other markets like the UK, Singapore, Brazil, and Australia also saw high double-digit growth.

"That our exporters have achieved growth despite multiple global challenges is indeed laudable. The support of the Government of India remains critical during such difficult times. The recently concluded India-UK Free Trade Agreement is an important step towards strengthening our position in the UK market. We sincerely hope that in the coming days, we will continue on this growth path," said Pankaj Chadha, Chairman of EEPC India.

Regionally, North America remains the top export destination (21.1% share), followed by European Union (17.4%) and West Asia and North Africa (14.1%) follow. While, significant growth was noted in Oceania (36.4%), Sub-Saharan Africa (31.6%), and Latin America (27.2%) regions as well.

"According to the Quick Estimates of the Department of Commerce, Government of India, the share of engineering goods in India's total merchandise exports was recorded at 24.71% in April 2025 as against 24.21% in April 2024," the release said.

Reader Comments

R
Rahul K.
This is fantastic news! 🇮🇳 Our engineering sector is truly becoming a global force. The 37% growth in UAE exports shows how well we're tapping into Middle East markets. Hope the government continues trade agreements like the India-UK FTA to boost exports further.
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Priya M.
While the numbers look good, I wonder how much is due to the "lower base effect" mentioned. We need sustainable growth, not just temporary spikes. The iron and steel sector recovery is promising though - hope it continues!
A
Amit S.
Great to see engineering exports crossing $9.5 billion! The growth in electric machinery exports is particularly encouraging. With Make in India and PLI schemes, we can dominate global markets. Next target should be $15 billion/month! 💪
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Sunita R.
The 36.4% growth in Oceania is surprising but welcome! Australia and NZ are quality-conscious markets - this shows our engineering products are meeting global standards. More focus on Africa next please, huge potential there.
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Vikram J.
As someone in the manufacturing sector, I can confirm orders have picked up. But we still face challenges with raw material costs and logistics. Government needs to address these to maintain this growth momentum. Still, proud of our exporters!
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Neha P.
Interesting that North America and EU remain top markets. We should diversify more to reduce dependence on western economies. The growth in Latin America and Africa shows promise - let's build on that!

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Tags:
engineering exports EEPC India US trade UAE shipments India UK FTA April 2025 exports