Engineering goods exports from India registered an 8.8% increase compared to the same period last year to stand at $10.35 billion in April 2026, despite hitches arising from prevailing geopolitical instabilities in West Asia. Despite declining exports to vital destinations such as the UAE and Saudi Arabia because of elevated logistics costs due to the war, the sector still registered an encouraging growth in exports. As per EEPC India, the engineering goods industry displayed its resilient nature early into the financial year, thanks to significant growth in various product segments. Aluminium goods witnessed a 38% increase in exports, while copper and its allied goods witnessed a massive rise of nearly 80%.
Electric machinery and equipment witnessed a rise in exports by 9.5%, whereas two-and three-wheelers exports went up by 36%. There is also a growth rate of 7.2% in auto components and parts exports. Among 34 varieties of engineering products, 28 showed year-on-year export growth in April. According to the chairman of EEPC India, Pankaj Chadha, export growth was seen in most of the countries with the exception of WANA due to regional instability there. He further mentioned that exports to Oman grew in April, partly owing to the recent Indo-Omani trade pact.
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However, exports to the UAE, Singapore, and Saudi Arabia suffered because of disruptions in transportation and weakening regional demand. In April alone, engineering exports to China rose 81.7% year over year, reaching $301 million. Industry analysts noted that the industry was still battling geopolitical issues, high freight rates, and protectionist policies abroad. EEPC India pointed out the necessity of increased market access and government intervention to assist exporters in taking full advantage of the country’s free trade agreements.
