India’s engineering exports surge to record $11.01 bn in November

India’s engineering goods exports staged a sharp rebound in November 2025, climbing to a record USD 11.01 billion, driven by a favourable base effect and a strong recovery in shipments to key markets such as the United States and the European Union, according to the Engineering Export Promotion Council of India (EEPC).

The November performance marked a significant turnaround from October 2025, when engineering exports had slipped to a low of USD 9.37 billion—the weakest showing so far in the current financial year. On a year-on-year basis, exports in November rose by 23.76 per cent compared with USD 8.90 billion recorded in the same month last year, making it the strongest monthly performance of FY 2025–26 to date.

Citing the latest UNCTAD Trade Update, EEPC India pointed out that global trade in goods and services continued to expand through the second half of 2025 and is projected to cross USD 35 trillion for the first time, representing growth of around 7 per cent over 2024. EEPC India welcomed the Union Cabinet’s approval of the Export Promotion Mission and said recently concluded trade agreements with Oman and New Zealand are expected to further support engineering exports.

Product-wise, export growth was broad-based. Of the 34 engineering product panels, 32 registered year-on-year growth in November. Strong gains were reported in segments such as motor vehicles and cars, ships and floating structures, agricultural and industrial machinery, electrical machinery and equipment, and copper and copper products.

Demand from major overseas markets improved markedly. Engineering exports to the US, which had declined in September and October, rose 11.4 per cent in November 2025 to USD 1.58 billion, up from USD 1.42 billion a year earlier. Shipments to the EU surged by 39 per cent to USD 2.02 billion, compared with USD 1.46 billion in November 2024, after contracting in the preceding two months.

Regionally, North America and the EU remained the largest destinations for Indian engineering exports, with growth recorded across all regions in November. The US continued to be the single largest market, followed by the UAE and Germany, although exports to the UAE, as well as to Saudi Arabia, registered a year-on-year decline during the month.

On a cumulative basis, engineering exports during April–November 2025–26 rose 4.25 per cent year-on-year to USD 79.74 billion, compared with USD 76.49 billion in the corresponding period of the previous fiscal. The sector’s share in India’s total merchandise exports increased to 28.9 per cent in November, while standing at 27.3 per cent for the April–November period.

Cumulative data further showed that 30 of the 34 engineering panels posted growth during the first eight months of the fiscal year, while four panels—including aluminium and aluminium products, aircraft and spacecraft, ships and floating structures, and project goods—reported a contraction over the period.