Business EconomyPosted at: Oct 16 2025 5:22PM


India maintains steady growth in engineering goods exports

Kolkata, Oct 16 (UNI) The engineering goods exports from India maintained a steady growth momentum in the month of September 2025, even as high US tariffs weighed on margins and competitiveness, according to EEPC India.
As per the Ministry of Commerce and Industry, the value of engineering goods shipments in September 2025 stood at US$10.11 billion as compared to US$9.82 billion in September 2024, thus registering a growth of nearly 3 percent.
On a cumulative basis, engineering goods exports in the April-September period of the current financial year 2025-26 grew 5.35 pc year-on-year to US$59.36 billion as compared to US$56.34 billion in the corresponding period of the previous financial year.
Other than May 2025, monthly engineering goods exports have stayed positive in the current fiscal year so far. This is very encouraging considering the uncertainties and downside risks the global trade has been facing.
"While we expect that the first part of the proposed bilateral trade agreement (BTA) with the US would be finalised soon, uncertainties regarding its timeline and scope continue. We have already suggested some measures to mitigate the impact of the Trump tariff. They include a scheme for affordable export finance and providing government support for better marketing of Indian products abroad," said EEPC India chairman Pankaj Chadha today.
"We have also proposed FTAs with key Latin American countries such as Chile, Peru, and Mexico to get duty-free market access. This will also help us to de-risk from the US," Chadha opined.
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