Kolkata, April 27 -- Registering a year-on-year growth of 6.74 percent, engineering goods exports from India reached its all-time high of USD 116.67 billion in fiscal 2024-25 (FY25), surpassing the previous high of USD 112.10 billion achieved in fiscal 2021-22, according to EEPC India.
The value of total engineering exports had stood at USD 109.30 billion in 2023-24.
While the US remained the number one destination for Indian engineering exports in FY25, significant export growth was noted in the UAE, Singapore, Nepal, Japan and France. Engineering goods exports to the US grew 8.7 pc to US$19.15 billion in FY25 from US$17.62 billion in FY24.
Engineering exports outweighed the broader merchandise exports in terms of growth as India's expo...