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Indian Engineering Exports Surge in Key Markets Despite Global Challenges

Indian Engineering Exports Surge in Key Markets Despite Global Challenges
blog image
Maritime

Indian Engineering Exports Surge in Key Markets Despite Global Challenges


In October, India's engineering exports experienced positive growth in 18 crucial markets, including the UK, US, and UAE. The Engineering Exports Promotion Council (EEPC) reported a 7.2% YoY increase, reaching USD 8,094.20 million. Notable gains were observed in exports to the US (2.2%), Germany (20%), and the UAE (2.9%). However, China, Italy, Singapore, and Indonesia witnessed a decline in engineering shipments. Cumulatively, April to October 2023 saw a 1.61


30 Nov 23
blog image
Maritime

Indian Engineering Exports Surge in Key Markets Despite Global Challenges


In October, India's engineering exports experienced positive growth in 18 crucial markets, including the UK, US, and UAE. The Engineering Exports Promotion Council (EEPC) reported a 7.2% YoY increase, reaching USD 8,094.20 million. Notable gains were observed in exports to the US (2.2%), Germany (20%), and the UAE (2.9%). However, China, Italy, Singapore, and Indonesia witnessed a decline in engineering shipments. Cumulatively, April to October 2023 saw a 1.61


30 Nov 23
blog image
Maritime

Indian Engineering Exports Surge in Key Markets Despite Global Challenges


In October, India's engineering exports experienced positive growth in 18 crucial markets, including the UK, US, and UAE. The Engineering Exports Promotion Council (EEPC) reported a 7.2% YoY increase, reaching USD 8,094.20 million. Notable gains were observed in exports to the US (2.2%), Germany (20%), and the UAE (2.9%). However, China, Italy, Singapore, and Indonesia witnessed a decline in engineering shipments. Cumulatively, April to October 2023 saw a 1.61


30 Nov 23