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Sri Lankan exporters have expressed concern over a proposed 30 per cent tariff on goods entering the US, warning that the hike could severely impact key export sectors including apparel

India will begin domestic production of rare earth magnets in Hyderabad in a bid to reduce reliance on Chinese imports and strengthen its position in critical technology manufacturing, Union Coal

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Engineering exports surge 11.28% in April led by steel, vehicles; China, Turkey shipments see year-on-year fall

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Engineering exports surge 11.28% in April led by steel, vehicles; China, Turkey shipments see year-on-year fall

NEW DELHI: India’s engineering exports rose by 11.28 per cent year-on-year in April 2025, reaching $9.51 billion, according to data cited by ANI. The growth was attributed to a combination of a low base effect and increased shipments of electric machinery, ships, motor vehicles, and copper products. A key driver of this expansion was the rebound in iron and steel exports, which returned to positive growth and contributed significantly to the double-digit rise. Exports to major markets surged, with US-bound engineering goods increasing 17 per cent to $1.66 billion in April 2025 from $1.42 billion a year earlier. Exports to the UAE posted a sharper jump of 37.3 per cent, reaching $538.8 million from $392.5 million. Other markets such as the UK, Singapore, Brazil, and Australia also recorded strong growth.Meanwhile, engineering exports to some key markets experienced a decline in year-on-year growth including China, Turkey, Mexico, and Italy. The engineering goods exported to China were valued at $164.8 million in April 2025, showing a decrease of 21.7 per cent when compared to US$210.5 million recorded in the same month of the previous year.Engineering Exports Promotion Council (EEPC) India Chairman Pankaj Chadha applauded the performance, noting that exporters had delivered solid results despite ongoing global challenges. “That our exporters have achieved growth despite multiple global challenges is indeed laudable,” he said. “The support of the Government of India remains critical during such difficult times. The recently concluded India-UK Free Trade Agreement is an important step towards strengthening our position in the UK market. We sincerely hope that in the coming days, we will continue on this growth path.” In terms of regional distribution, North America remained the top destination for Indian engineering exports, accounting for a 21.1 per cent share. The European Union followed with 17.4 per cent, and West Asia and North Africa contributed 14.1 per cent. Noteworthy growth was also seen in Oceania (up 36.4 per cent), Sub-Saharan Africa (up 31.6 per cent), and Latin America (up 27.2 per cent). According to Quick Estimates released by the Department of Commerce, engineering goods made up 24.71 per cent of India’s total merchandise exports in April 2025, compared to 24.21 per cent in April 2024.





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