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India’s engineering exports surpassed $100 billion in first 10 months of FY26, driven by strong performance in key sectors and markets.
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.
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.
Despite a 6.8% decline in shipments to the US, the sector accounted for 28.5% of total merchandise exports in January.
Industry leaders credit government initiatives and favorable base effects, urging continued support for export incentives as they project FY26 exports could exceed $120 billion.
Las exportaciones de ingeniería de la India superaron los 100 mil millones de dólares en los primeros 10 meses del año fiscal 26, impulsadas por un sólido desempeño en sectores y mercados clave.