Overview
- India’s engineering exports fell 0.82% year-on-year to $9.89 billion in May 2025, weighed down by geopolitical tensions in West Asia and a high statistical base.
- Cumulative shipments for April-May 2025-26 grew 4.77% to $19.40 billion, signaling underlying resilience in the sector.
- Exports to the US climbed 4.6% to $1.74 billion in May, and key European markets such as Germany, the UK and the Netherlands also posted gains.
- Shipments to the UAE and Saudi Arabia declined sharply, while exports of aircraft and spacecraft parts plunged 85%, driving the overall downturn.
- Engineering goods accounted for 25.53% of India’s total merchandise exports in May, underscoring the sector’s expanding importance.