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flag India’s engineering exports surpassed $100 billion in first 10 months of FY26, driven by strong performance in key sectors and markets.

flag India's engineering goods exports reached $101.13 billion in the first 10 months of FY26, surpassing $100 billion for the first time, with January 2026 exports up 10.4% year-on-year to $10.4 billion. flag Growth was driven by strong performance in copper, iron and steel, and motor vehicles, while exports to 19 of the top 25 markets rose, including significant gains to the UAE, Saudi Arabia, Germany, the UK, and China. flag Despite a 6.8% decline in shipments to the US, the sector accounted for 28.5% of total merchandise exports in January. flag Industry leaders credit government initiatives and favorable base effects, urging continued support for export incentives as they project FY26 exports could exceed $120 billion.

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