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Market Info > Export Statistics

India’s Engineering Export Performance

Engineering exports from India has been steadily growing and the performance has exceeded all expectations ever since the birth of EEPC India. Apart from being one of the largest stakeholders contributing more than 20% of total merchandise exports, the engineering exporters are the foremost net foreign exchange earner in the country. India’s engineering exports increased by 11.3% year-on-year to US$ 65.2 billion during 2016-17 as against US$ 58.8 billion in the previous fiscal.

Trend in India’s overall merchandise exports and engineering exports
US$ Billion

Source: DGCI&S, Government of India

Transformation

EEPC India played instrumental role in transformation of India’s engineering export basket.

Composition of Indian Engineering Export (1956-57)




Composition of Indian Engineering Export (April-January 2016-17)

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. The pie chart for 2016-17 is showing exports around 30% to developed countries out of total engineering exports as given below:

Region wise Export of Engineering Goods (1956-57)


Region wise Export of Engineering Goods (2016-17)


Panel wise India’s engineering exports in 2016-17
US$ Million
Sl. no. Panel 2015-16 2016-17 Growth (%)
1. Iron and Steel and Products made of Iron and Steel
A Iron and Steel 5423.32 8708.26 60.57%
B Products of Iron and Steel 6134.96 5929.19 -3.35%
2. Non-Ferrous Metals and Products made of Non-Ferrous Metals
A Copper and products 2539.74 2686.41 5.78%
B Aluminium and products 2639.77 3256.04 23.35%
C Zinc and products 527.06 611.59 16.04%
D Nickel and products 492.97 93.29 -81.08%
E Lead and products 181.54 238.08 31.14%
F Tin and products 57.22 8.87 -84.50%
G Other Non-Ferrous Metals 431.83 446.84 3.48%
3. Industrial Machinery
A Industrial Machinery like Boilers, parts 680.77 671.05 -1.43%
B IC Engines and Parts 2106.22 2122.4 0.77%
C Pumps of all types 707.18 764.21 8.06%
D Air condition and Refrigerators 1048.11 985.13 -6.01%
E Industrial Machinery for dairy, food processing , textiles 4641.6 4653.16 0.25%
F Machine Tools 391.12 452.34 15.65%
G Machinery for Injecting Moulding, valves and ATMs 1262.84 1269.5 0.53%
4 Electrical Machinery 3683.83 4641.78 26.00%
5. Auto and Auto Components
A Motor Vehicle/cars 6727.43 7583.29 12.72%
B Two and Three Wheelers 1775.64 1648.39 -7.17%
C Auto Components/Part 4217.36 4225.64 0.20%
6 Aircrafts and Spacecraft parts and products 3729.36 3211.95 -13.87%
7 Ships Boats and Floating products and parts 3088.45 4507.27 45.94%
8. Other Engineering items
A Medical and Scientific instruments 1191.98 1386.49 16.32%
B Railway Transport 109.89 218.98 99.27%
C Hand Tools & Cutting Tools 640.59 639.84 -0.12%
D Electrodes Accumulators 42.52 40.64 -4.42%
E Accumulator and Batteries 203.04 232.15 14.34%
F Bicycle & Parts 298.44 294.49 -1.32%
G Cranes Lifts & Winches 423.23 388.88 -8.12%
H Office Equipments 88.73 117.91 32.89%
I Other Construction Machinery 1077.87 1072.37 -0.51%
J Prime Mica & Mica Products 17.14 18.19 6.13%
K Other 2015.69 2111.75 4.77%
Total engineering exports from India 58597.44 65236.37 11.33%

Source: DGCI&S, Government of India

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