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        <h1>India's Exports to ASEAN Forecasted to Hit $46 Billion in FY22, Boosting Engineering Trade and Investment Ties.</h1> India's exports to ASEAN are projected to reach $46 billion in FY22, as highlighted by a government official during the India-ASEAN Engineering Partnership Summit. The summit, organized by the Engineering Exports Promotion Council with government support, focuses on enhancing engineering trade and investments between India and ASEAN. ASEAN is a significant market for Indian engineering products, with Singapore and Malaysia being key destinations. The Indian government has implemented measures to attract foreign direct investment and aims for $400 billion in merchandise exports for FY22. The summit includes B2B meetings and discussions on cooperation in sectors like Industry 4.0 and MSMEs.

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