Export of unsatisfied engineering products.

India's exports of engineering products to 18 major countries, including the United States, Britain, Germany and the United Arab Emirates, increased last October, according to the 24 Indian Engineering Export Promotion Council.

engineering products.

In this regard, the Council has further informed that,

In the month of October this year, India's exports of engineering products from India rose by 7.20 percent over the previous year to Rs 67,147 crore. is increasing.

Low exports, In October, despite growth in engineering goods exports, exports for the April-October period declined by 1.61 percent compared to the same period last year. Rs.  5.11 lakh crore.

Metallurgy, especially iron, steel, aluminum and its products; The main reasons for the decline in exports were zinc sectors. Rising prices of raw materials are the main reason for the decline in exports.

Export status

USA....11,537 crore,

UAE....2,893 crore,

Britain....2,511 crore,

Germany....2,844 crores,

This needs support, Engineering exports to 18 major countries, including the US, UK, Germany, and the UAE, increased during the review period.

At the same time, exports to China, Italy, Singapore and Indonesia declined.Coordinated support is crucial for sustainable growth of India's engineering exports.

Therefore, the Development Council has requested additional support from the government to enable the industry to remain competitive in the global market.