New Delhi, April 23 -- India's engineering exports touched an all-time high of USD 122.43 billion in 2025-26, registering a growth of 4.86 per cent, even as shipments to the West Asia and North Africa (WANA) region witnessed a sharp decline due to geopolitical disruptions, according to EEPC India.
Despite elevated tariffs imposed during the tenure of Donald Trump, the United States remained the top export destination for Indian engineering goods, with shipments rising 2.3 per cent year-on-year to USD 19.60 billion in FY26, underlining the sector's resilience.
However, exports to key West Asian markets showed weakness. Shipments to the UAE and Saudi Arabia - among India's major export destinations - declined by 10 per cent and 13 per cent,...