New Delhi, April 23 -- Indias engineering exports remained resilient in FY26, reaching a record USD 122.43 billion, up 4.86 per cent year-on-year (YoY) from USD 116.75 billion in FY25, according to EEPC India.
Despite higher tariffs under US President Donald Trump, the US continued as the largest destination, with exports rising 2.3 per cent YoY to USD 19.60 billion.
Among the 25 key destinations for Indian engineering goods, exports grew in major markets, including Germany, United Kingdom, China, Italy, South Africa, Vietnam, Sri Lanka, and Malaysia.
However, shipments to the UAE (the second-largest market) and Saudi Arabia (the fourth-largest market) declined by 10 per cent and 13 per cent, respectively.
March Growth Amid Supply ...