IESS VI-Engineering Export Promotion Council of IndiaPremier-Engineering Export Promotion Council of IndiaIndain Engineering Export Form-Engineering Export Promotion Council of India

Market Info > Export Statistics

Export Performance

During last five decades, EEPC India has been playing a pivotal role in increasing country’s engineering exports and as of date, engineering exports stands at US$ 70.5 billion in the year 2014-15 in comparison to US$ 10 million that was achieved in the year 1956-57.

Transformation

EEPC India has been instrumental in transforming the profile of Indian engineering exports as supplier of low value items to capital goods, plant and machinery, high-end engineering services, etc.




Today, out of total engineering exports, the proportion of consumer durables increased from 34% in 1956-57 to 46% in 2014-15, while the proportion of capital goods remained almost same during 2014-15 as against the year 1956-57.

Diversification

During the nascent stage, Indian engineering exports were mainly confined to Asia and to a small extent to Africa. Over the years, the scenario has completely changed and as of date, about 30% of total engineering exports are made to developed countries. A table showing exports more than 30% to developed countries out of total engineering exports is given below:

Region 1956-57 2014-15
EU 0% 17.2%
North America 0% 14.6%
Trend

During the last five years, engineering exports have achieved an average CAGR of over 9.1%. In the year 2010-11 there was a revival in engineering exports by about 53% post global recession. But the dip in engineering exports by 3.1% revived in 2012-13 due to fall in global demand which later got stabilized by maintaining a positive growth of 15% during 2014-15.

Average Growth Target

In view of the growing acceptance of Indian engineering goods across new market spaces across the globe, the growth trend has been very positive unlike 2012-13 due to fall in global demand. The Council has already prepared a Strategy Paper for the Growth of Indian Engineering Exports to suggest various measures to be adopted by all concerned viz. EEPC India, Government and the exporting community for achieving engineering export growth.


EXPORT OF ENGINEERING GOODS & SERVICES DURING 2013-14 TO 2014-15
Value in USD Million
SL. GROUP-WISE EXPORT 2013-14 2014-15 Growth %

A

CAPITAL GOODS

27320

32567.44

19.2

B

CONSUMER DURABLES

11267

12832.49

13.9

C

NON-FERROUS METALS & PRODUCTS THEREOF

5891.3

7942

34.8

D

PRIMARY IRON & STEEL & ITEMS THEREOF

16942

17127.43

1.1

TOTAL

61420

70469.36

14.7

A CAPITAL GOODS TOTAL 2013--14 2014--15 Growth %

 

2  3  wheeler

1521.4

1864.07

22.5

 

Aircraft & Spares

4582.7

6159.17

34.4

 

Boiler & Parts

562.81

603.79

7.3

 

Cement Mill Machinery

1.4

0.94

-32.9

 

Coastal Vessels & Ships

3724.7

5352.61

43.7

 

Commercial Vehicles

6147.7

6684.06

8.7

 

Cranes, Lifts & Winches

308.73

341.73

10.7

 

Electric Power Equipments & Parts

2455

2591.65

5.6

 

Electric Wires & cables

602.08

592.28

-1.6

 

Fencing Structures

569.13

701.18

23.2

 

Food Processing Machinery & Parts

595.76

723.77

21.5

 

Freight Containers

25.24

13.57

-46.2

 

Heating & Cooling Equipments

379.66

449.33

18.4

 

Knitting Machinery

4.7

3.08

-34.5

 

Machine Tools

331.74

374.55

12.9

 

Other Chemical Plant

987.94

1092.25

10.6

 

Other Construction Machinery

1143.9

1325.42

15.9

 

Other Industrial Machinery

1379

1466.49

6.3

 

Sugar Machinery & Parts

83.8

88.93

6.1

 

Textile Jute Mill Machinery

368.71

399.92

8.5

 

Tractors & Agricultural Equipments

1167.6

1351.08

15.7

 

Transmission Line Towers & Parts

225.79

269.96

19.6

 

Wagons Coaches & Locos

150.33

117.61

-21.8

CAPITAL GOODS TOTAL

27320

32567.44

19.2

B CONSUMER DURABLES 2013--14 2014--15 Growth %

 

Accumulator

162.27

201.06

23.9

 

Air Compressor

406.92

473.04

16.2

 

Automobile Parts

3913.5

4303.49

10.0

 

Bicycle & Parts

422.3

450.38

6.6

 

Cutting Tools

298.17

329.92

10.6

 

Dry Batteries

7.64

11.72

53.4

 

Electric Fan & Parts

73.17

81.23

11.0

 

Electric Manufacturers N.O.S.

421.11

498.03

18.3

 

Hand Tools

323.73

332.21

2.6

 

I.C. Engine & Parts

1770.3

2397.96

35.5

 

Instruments All Types

1161.2

1276.44

9.9

 

Misc. Manufacturers N.O.S

806.6

923.97

14.6

 

Office Equipments

29.73

54.29

82.6

 

Prime Mica & Mica Products

353.75

257.39

-27.2

 

Pumps

690.9

773.25

11.9

 

Sewing Machines and Needles etc.

47.78

51.92

8.7

 

Stainless Steel Utensils

342.1

380.04

11.1

 

Steel Files

35.61

36.15

1.5

CONSUMER DURABLES TOTAL

11267

12832.49

13.9

C NON-FERROUS METALS & PRODUCTS THEREOF 2013--14 2014--15 Growth %

 

Aluminium & Products Thereof

1857.5

2773.29

49.3

 

Other Non Ferrous Metal & Products

4033.8

5168.71

28.1

NON-FERROUS METALS & PRODUCTS THEREOF

5891

7942

34.8

D PRIMARY IRON & STEEL & ITEMS THEREOF 2013--14 2014--15 Growth %

 

Bolts & Nuts (Fasteners)

768.13

947.62

23.4

 

Bright Bars

142.97

161.45

12.9

 

Electrodes

37.88

38.58

1.8

 

Ferro Alloys

1734.3

1634.37

-5.8

 

Ferrous Holloware

443.09

523.78

18.2

 

Ferrous industrial castings

1043.8

1151.59

10.3

 

Other Steel Products N.O.S

1720.8

1829.5

6.3

 

Prime Iron & Steels

7038

6571.57

-6.6

 

Railway Track Materials ( Fasteners )

28.26

37.55

32.9

 

Razor Blades

88.72

82.76

-6.7

 

Sanitary Castings

932.06

895.55

-3.9

 

Steel Forgings

924.02

1035.11

12.0

 

Steel Furniture

86.8

106.7

22.9

 

Steel Pipes & Tubes

1440.1

1597.71

10.9

 

Steel Wire

304.06

312.59

2.8

 

Steel Wire Ropes

59.37

49.49

-16.6

 

Wire Nails Nettings & Stranded Wires

150.18

151.51

0.9

PRIMARY IRON & STEEL & ITEMS THEREOF TOTAL

16942

17127.43

1.1

Source: DGCI&S

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