India's Engineering Exports Climb 21% to $11.48 Bn as China Demand Surges 74%
Engineering products made up 28.4% of India’s merchandise exports in June, while shipments to China jumped 74% and U.S. demand stayed strong.
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The Economic Times
Times of IndiaIndia's engineering exports climb 21% to $11.48 bn as China demand surges 74%
India's engineering exports rose 21% year-on-year to $11.48 billion in June, supported by strong demand from China, the US, Germany and Oman despite shipping disruptions in the Red Sea and Strait of Hormuz. Engineering exports grew 18.09% in the April-June quarter, helping support India's merchandise exports amid rising logistics costs.
India’s Engineering Exports Jump 21% in June As Strong Global Demand Offsets Shipping Disruptions
India’s engineering goods exports posted robust double-digit growth in June, providing a buffer for the economy that has been significantly impacted by the Middle East conflict. According to data released on Monday by the Engineering Export Promotion Council (EEPC) India, engineering exports rose 21% year over year to $11.48 billion in June, supported by strong […] The post India’s Engineering Exports Jump 21% in June As Strong Global Demand Off…
India’s engineering exports surge 21% as China demand strengthens - Times Kuwait
India’s engineering goods exports recorded strong growth in June, rising 21% year-on-year to $11.48 billion, marking the third consecutive month that shipments from the sector crossed the $10 billion threshold. The growth was supported by robust demand from key international markets, with exports to China surging 74% compared with the same period last year, reaching $361.5 million. The United States remained the largest market for Indian enginee…
The growth in exports of engineering products is a kind of shock absorber for India's overall trade in goods in the face of increasing pressure from higher transportation, insurance and transit costs.
India's Engineering Exports Jump 21% Despite Shipping Disruptions
India’s engineering goods exports climbed 21% year-on-year to $11.48 billion in June, driven by stronger demand from China, the United States, Germany and Oman, engineering exporters’ body EEPC India said on Monday, despite concerns over shipping disruptions in the Red Sea and the Strait of Hormuz. Exports to China surged 74% from a year earlier […] The post India’s Engineering Exports Jump 21% Despite Shipping Disruptions appeared first on Stra…
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