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

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)

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)