Key facts
- India's engineering goods exports grew 24.48% to $12.31 billion in May 2026.
- Exports in April-May 2026-27 totaled $22.66 billion, a 16.8% increase from the prior year.
- EEPC India Chairman Pankaj Chadha highlighted sector adaptability and government support.
- Chadha noted ongoing challenges despite a US-Iran peace deal and stressed diversification.
India's engineering goods exports experienced a significant surge of 24.48% in May 2026, reaching USD 12.31 billion compared to USD 9.89 billion in the same month of the previous year. This growth brings the cumulative exports for April-May 2026-27 to USD 22.66 billion, marking a 16.8% increase over the corresponding period last year.