GIFA, METEC, THERMPROCESS and NEWCAST (GMTN) 2023
12th June 2023 - 16th June 2023 , Düsseldorf, Germany
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POLICY HIGHLIGHTS
ENGINEERING EXPORT TRENDS
-4.6%
India's engineering exports for April-March 2022-23 conceded 4.6% decline over the same period last month as it dropped to USD 107.0 billion from USD 112.2 billion in April-March 2021-22.
$ 10.2 Bn
Engineering exports in March 2023 recorded at USD 10.2 billion as against USD 11.0 billion in March 2022.
20+
22 out of 34 engineering panels recorded positive growth during Apr-March 2022-23 over the same period last fiscal. Major decline was witnessed in iron & steel segment, Copper and Aluminium from Non-ferrous segment, Two-three wheelers, Railway Transport,
Top 5
Top five export destinations which witnessed positive growth during March 2023 were Italy, Singapore, Mexico, Saudi Arabia and Turkey.
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As on today (7th June 2023)
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