Engineering Goods

New Delhi and Muscat are set to sign a trade deal on December 18 during Prime Minister Narendra Modi’s visit to the Gulf nation.

Threat of US tariffs, global uncertainty pulls down India’s engg exports in February: EEPC

While Indian exports found a market in Europe—exports to France were up 67 percent and UK witnessed a 32 percent rise—China and Russia’s share fell further in February

India mulls over easing tariffs on gems & jewellery, garments via trade pact with US

On February 13, India and US agreed on a new goal for bilateral trade – "Mission 500” – aiming to more than double total bilateral trade to $500 billion by 2030. The two sides also announced plans to negotiate a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by fall of 2025.

Crank up engineering goods exports to beat last fiscal's numbers: EEPC head tells members

Engineering goods exports in February 2024 recorded an increase of 15.9 percent to $9.94 billion over $8.58 billion a year back

India's engineering goods exports grow 10.20% in December amid global challenges

"It has been a challenging period for engineering exporters. Tensions in Europe and now in West Asia have posed significant downside risks," Engineering Export Promotion Council of India Chairman Arun Kumar Garodia said.

Fall in merchandise exports likely to continue in March, though recoveries expected in FY24

Despite the decline, officials and industry bodies see silver linings across the board, projecting a recovery in engineering goods and pharma exports from the second quarter of 2023-24 as inventory gets exhausted.

India's merchandise exports scale record high of $418 billion in FY22

Merchandise exports were worth $292 billion in FY2020-21.

Bottom up, all of government approach behind reaching $400 billion target, Commerce Minister says

The target was achieved 9 days ahead of schedule. Exports also crossed $30 Bn every month for 11 consecutive months in FY22.

India-UAE CEPA | Large-scale rise in labour-intensive exports expected, commerce dept estimates show

From Day 1 of CEPA coming into force, 90 percent of India’s current exports to the UAE will have immediate market access at zero duty. A substantial rise in export flows across diverse sectors is expected subsequently.

Imports from China expected to reach record high in FY22 despite rise in domestic manufacturing​

India's imports are set to surpass the FY19 record of $514 billion this fiscal year, driven by the growing inflow of goods from China.

January exports rise 23% Y-o-Y led by continuing strong global orders

Official statistics show exports of all major revenue earners such as engineering goods, petroleum, gems and jewellery, continued rising in October. Overall exports had risen by 22.6 percent in the previous month of October.

Exports rise 18.8% to $20 billion so far in November

Imports during the period increased 45.34 per cent to $35.11 billion as against $24.15 billion during the corresponding period last year, the data showed.

Exclusive | Highest-ever quarterly exports in Q1 FY22 were led by finished goods

A resurgence in orders, demand from new markets and higher global prices resulting from trade volatility since last year have boosted India’s exports of manufactured products such as engineering goods, plastics, chemicals, drugs and electronics

India's exports rise 67% in May on low base effect, imports surge by 68.5%

The headline numbers jumped high due to a severely low base as trade had crashed during May, 2020 when the COVID-induced lockdown was in full swing. But citing a nearly 8 percent growth after comparing with May, 2019, the government has expressed confidence that exports are well on their way towards recovery.

Can India hope for a jobs upturn in 2014?

January gets its name from Greek God Janus who has two faces; one looking forward and the other looking back. Since it is that time of the year, and given that job creation is India‘s most important challenge, it is as good an opportunity as any to reflect on 2013 and look ahead at 2014.

Exports to fall due to cost pressures & global uncertainty

India's export of goods rose an unprecedented 82% to USD 29.3 billion this July. However, neither the exporters nor the government is celebrating, reports CNBC-TV18. The gloom comes in the light of an expected slide in outflow in the coming months, on the back of global uncertainty and cost pressures in the domestic market.

April exports show robust 34% growth: Govt

India's exports in April rose an annual 34% to USD 23.8 billion, while imports for the month rose 14% on the year to USD 32.8 billion, government data released on Wednesday showed.