India Engineering Exports Hit Record $122 Bln

India has achieved a record-breaking milestone in engineering exports, reaching $122.43 billion in the financial year 2025–26, marking a year-on-year increase of nearly 5 percent, according to IANS, a partner of TV BRICS.

In March 2026 alone, engineering shipments rose 1.1 percent compared with the same period last year, totaling US$10.94 billion.

Officials and industry experts attributed the strong performance to supportive government policies, improved trade facilitation measures, and the proactive use of international trade agreements that helped exporters expand into new global markets.

Engineering goods, including machinery, transport equipment, and industrial components, remain a key pillar of India’s export economy, playing a crucial role in manufacturing growth and employment generation.

Looking ahead to FY 2026–27, the outlook remains positive. The record performance reinforces India’s position as a major global supplier of engineering products and highlights its broader ambition to strengthen manufacturing competitiveness and expand its presence in international trade.