GIFA, METEC, THERMPROCESS and NEWCAST (GMTN) 2023
12th June 2023 - 16th June 2023 , Düsseldorf, Germany
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POLICY HIGHLIGHTS
ENGINEERING EXPORT TRENDS
-4.2%
India's engineering exports for April-February 2022-23 conceded 4.2% decline over the same period last month as it dropped to USD 96.9 billion from USD 101.2 billion in April-February 2021-22.
$ 8.6 Bn
Engineering exports in February 2023 recorded at USD 8.6 billion as against USD 9.5 billion in February 2022.
20+
22 out of 34 engineering panels recorded positive growth during Apr-February 2022-23 over the same period last fiscal. Major decline was witnessed in iron & steel segment, non-ferrous segment, two-three wheelers, Railway Transport, bicycle parts and Proj
Top 5
Top five export destinations which witnessed positive growth during February 2023 were Singapore, UAE, Saudi Arabia, Mexico and Indonesia.
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As on today (2nd April 2023)
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