Engineering exports to US rise 18% despite tariffs
New Delhi, Nov. 5 -- India's engineering goods exports to the US rose 18% year-on-year to $12.16 billion in the first half of the current financial year, despite Washington imposing steep tariffs on steel, aluminium and their derivatives, according to provisional government and industry data.
The US remained the top destination for Indian engineering goods in September as well as during April-September 2026, the Engineering Export Promotion Council of India (EEPC India) said. Shipments to the US surged 55.7% year-on-year to $2.19 billion in September despite punitive tariffs on iron and steel and aluminium, it said.
Under Section 232 of the US Trade Expansion Act of 1962, Washington imposed a 25% tariff on Indian steel and raised the levy o...
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