India’s engineering goods exports staged a strong rebound in November 2025 after recording their sharpest fall of the current fiscal in the previous month, aided by a favourable base effect and a sharp jump in shipments to the United States (US) and the European Union (EU), according to the Engineering Export Promotion Council of India (EEPC).
EEPC data showed that engineering exports touched USD 11.01 billion in November 2025, the highest monthly level so far in FY26, compared with the lowest level of USD 9.37 billion recorded in October 2025. On a year-on-year basis, exports in November surged 23.76%, up from USD 8.90 billion in November 2024.
Commenting on the performance, Pankaj Chadha, Chairman, EEPC India, said engineering exports had crossed the USD 11 billion mark for the first time in the current fiscal, reflecting the resilience of Indian exporters. “This is a testament to the relentless effort of the exporting community, which quickly recovered from the 17% year-on-year decline in engineering exports in October 2025. The growth story of engineering exports reflects the positive trend in global trade,” he said.
The rebound also comes against a supportive global backdrop. According to the latest UNCTAD Trade Update, global trade in goods and services continued to expand through the second half of 2025 and is expected to exceed USD 35 trillion for the first time, marking a growth of around 7% over 2024.
Chadha welcomed the Union Cabinet’s approval of the Export Promotion Mission (EPM), noting that recently concluded trade agreements with Oman and New Zealand are expected to provide additional impetus to engineering exports. He added that exporters are hopeful that the proposed free trade agreement (FTA) with the EU and the bilateral trade agreement (BTA) with the US will further support growth, while cautioning that rising volatility in global trade warrants careful monitoring.
Performance across product categories remained broad-based. Of the 34 engineering product panels, 32 recorded higher exports on a year-on-year basis in November 2025. Strong growth was seen in segments such as motor vehicles and cars, ships, boats and floating structures, industrial machinery for agriculture and dairy, electrical machinery and equipment, and copper and copper products.
Exports to India’s two largest engineering destinations — the US and the EU — rose sharply during the month. Engineering exports to the US, which had declined by 9.4% and 14.5% year-on-year in September and October 2025 respectively, grew 11.4% in November 2025 over the same month last year. Shipments to the EU recorded an even stronger rebound, rising 39% year-on-year after falling in the preceding two months.
In value terms, engineering goods exports to the US stood at USD 1.58 billion in November 2025, compared with USD 1.42 billion in November 2024. Exports to the EU increased to USD 2.02 billion from USD 1.46 billion during the same period.
Region-wise, North America and the EU remained the top destinations for Indian engineering exports, with growth recorded across all regions in November 2025. On a country basis, the US continued to be the largest market, followed by the UAE and Germany. However, exports to the UAE and Saudi Arabia registered a year-on-year decline during the month.
On a cumulative basis, engineering exports rose 4.25% to USD 79.74 billion during April–November 2025-26, compared with USD 76.49 billion in the corresponding period of the previous fiscal. The share of engineering goods in India’s total merchandise exports climbed to 28.9% in November 2025 and stood at 27.3% cumulatively.
Cumulative data also showed that 30 of the 34 engineering panels recorded growth during April–November 2025-26, while four panels — including aluminium and aluminium products, aircraft and spacecraft, ships, boats and floating structures, and project goods — continued to post negative growth during the period.
