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 FY26
Commenting 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.
