India's engineering exports rise 24.48% to $12.31 billion in May
Business
India's engineering exports shot up by 24.48% in May 2026, reaching $12.31 billion compared to $9.89 billion last year, even with all the global trade drama and supply chain hiccups.
EEPC India credits this win to exploring new markets, smart government moves, and the industry's ability to adapt when things get tough.
Pankaj Chadha urges flexibility and diversification
For April and May combined, exports totaled $22.66 billion, up 16.8% from last year's numbers.
EEPC India Chairman Pankaj Chadha called out the sector's resilience through conflicts in West Asia and trade disruptions.
Still, he warned that keeping up this momentum means staying flexible and continuing to diversify, especially with energy markets still shaky despite recent peace talks.