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Kolkata, June 15 (PTI) India's engineering goods exports jumped 24.48 per cent to USD 12.31 billion in May 2026, from USD 9.89 billion in the year-ago period, industry body EEPC India said on Sunday.
Cumulatively, engineering exports during April-May 2026-27 stood at USD 22.66 billion, a growth of 16.8 per cent over USD 19.40 billion in the corresponding period of the previous year.
EEPC India Chairman Pankaj Chadha said the sector had "successfully navigated through a very challenging period" and maintained positive growth despite the West Asia conflict and resultant trade disruptions.
"The trend clearly shows adaptability of the engineering community to the dynamic external situation," Chadha said, adding that government support and trade facilitation measures had played a crucial role.
He, however, cautioned that challenges remained even as a peace deal between the US and Iran had been announced.
"It will take time for the deal to bear fruit considering the widespread disruption in the energy market and its ripple effect down the line," he said.
Chadha stressed that maintaining current momentum would need continued focus on the market as well as product diversification. PTI BSM NN
Engineering exports growth reflects resilience, trade facilitation and product diversification amid external market disruptions. India's engineering goods exports showed strong growth in May 2026 and during April-May 2026-27, despite trade disruptions linked to the West Asia conflict. The sector's resilience was attributed to adaptability, government support and trade facilitation measures, while continued momentum was said to require focus on market conditions and product diversification.Press 'Enter' after typing page number.