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Indian Engineering Exports Defy Global Challenges, Growing from US$ 107 Bn to US$ 109.3 Bn in 2023-24 growing by 2.13% recording the highest monthly exports in March 2024 at USD 11.28 billion
Over 90.4% of India's engineering exports are collectively constituted by 12 states
During 2023-24, 21 out of 34 engineering sub-sectors saw positive year-on-year growth compared to the same period last year.
The top five export destinations that experienced positive growth in 2023-24 were UAE Saudi Arabia, Germany, UK and South Korea