Engineering goods exports in India saw a significant rebound in November 2025, surging by 23.7% year-on-year to reach USD 11.01 billion. This resurgence follows a decline in October and highlights the resilience of the Indian engineering industry in the face of global economic challenges.
The Engineering Export Promotion Council (EEPC) India reported this substantial increase, emphasizing the sector's ability to adapt to evolving global situations. Cumulative exports for the April-November period reached USD 79.74 billion, marking a 4.25% increase compared to the same period in the previous year.
EEPC India is optimistic about future market diversification and aims to strengthen the engineering sector to help achieve the government's target of USD 1 trillion in merchandise exports. The organization has outlined a long-term vision for 2047, focusing on global competitiveness, innovation, and sustainable growth in engineering exports.
In the fiscal year 2024-25, India's engineering exports reached an all-time high of USD 116.67 billion, surpassing the previous record of USD 112.10 billion in 2021-22. This represents a 6.74% year-on-year growth, outperforming the broader merchandise exports, which grew by only 0.08%. Engineering exports now account for 26.67% of India's total merchandise exports, up from 25.01% in the previous year.
Over the past decade, India's engineering export sector has shown consistent growth and resilience. In 2021–22, exports reached a historic peak of over USD 112 billion. After a slight dip in 2022–23, the sector rebounded, climbing to USD 109.3 billion in 2023–24. The momentum continued into 2024–25, with exports hitting a new high.
North America is the top destination for Indian engineering exports, accounting for 20.5% of the share, followed by the EU (17.1%) and WANA (16.7%). Latin America (20.1%), Other Europe (19%), and Northeast Asia (14.1%) have seen notable growth, while Oceania (-10.4%) and the EU (-1.9%) experienced declines. The USA remains the leading destination, followed by the UAE and Saudi Arabia. France (43.2%), Nepal (37%), and the UK (32.9%) recorded the highest export growth.
The strong export performance in November 2025 demonstrates the engineering industry's adaptability and competitiveness in the global market.
