Online India Export Import Data

Recent SearchesNo Recent Searches

Engineering exports drop 16% to $4.23 billion in July

Date: 16-08-2012
Subject: Engineering exports drop 16% to $4.23 billion in July
New Delhi: India's engineering exports declined by 16 percent to USD 4.23 billion in July due to sluggish demand in western markets like the US and Europe.

In July last year, these exports stood at USD 5.04 billion, according to the data by Engineering Export Promotion Council (EEPC), which is under the Commerce Ministry.

"There is a weak demand in western markets like the US and Europe," an EEPC official said.

The US and Europe together account for over 60 percent of India's total engineering exports.

During April-July 2012-13, engineering exports dipped 9 percent to USD 18.6 billion compared to the same period last year.

Among the exportable items which registered a decline include iron and steel, aircrafts, spacecrafts and parts, ships and other construction machinery.

During 2011-12, the country's engineering exports grew 17 percent to USD 59 billion compared to USD 49.7 billion in the previous fiscal.

India exports engineering items such as transport equipment, capital goods, other machinery/equipment and light engineering products like castings, forgings and fasteners.

Source :

Entire Exim Law, Exim Rules & Regulations, Custom duty, Hscode etc.. shifted to

INFODRIVE INDIA Copyright © 1999-2016 InfodriveIndia. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

Infodrive India Pvt Ltd

Delhi :
  E-2, 3rd Floor Kalkaji Main Road
      New Delhi 110019
   011 - 40703001

Kolkata :
  5th Floor Stesalit Towers,
      E-2-3, EP & GP Block,
      Sector-V, Salt Lake City,
      Kolkata-700 091
   033 - 71177191