Engineering goods exports up 10.4% in January,2026, crosses $100 billion mark in April-January Period of FY26
Engineering goods exports to the US, India’s top market, fell 6.8% year-on-year to US$1.51 billion in January 2026, as against US$1.62 billion in January 2025.
Cumulatively, engineering goods exports from India grew by 4.52% year-on-year to US$101.13 billion during the April-January period of 2025-26, crossing the US$100 billion mark for the first time in the current fiscal.
Commenting on January engineering export data, Pankaj Chadha, Chairman EEPC India, said, in a statement, “Favourable base was one of the major reasons behind the double-digit growth in January this year. Notably, Indian engineering exports also bounced back in most of the regions. This is very positive news, especially at a time when global trade is going through realignments pushed by changing geopolitics.”
He hoped that Indian engineering exports would continue to grow in the coming months and surpass US$120 billion in FY26.
“The recent schemes announced by the government, especially the Market Access Scheme, are estimated to be a big enabler of Indian exports. This is crucial at a time when more Indian exporters are eager to participate in global exhibitions and exhibit their products to global markets,” Chadha added.
EEPC India has urged the government to reconsider its decision to reduce RoDTEP benefits by half, considering the ongoing challenges and uncertainties prevailing on the external front.As per the quick estimates, the share of engineering goods in total merchandise exports was recorded at an impressive 28.5% in January 2026. The share was recorded at 27% on a cumulative basis during the April-January period of 2025-26.
Among the top 25 key markets for Indian engineering goods, shipments to as many as 19 countries recorded positive growth during Jan.,2026, while in the case of six countries, the growth was negative.
Despite a decline in shipments to the US in January this year, it remained India’s top market for engineering goods. Engineering goods exports to some of the major markets, such as the UAE, Saudi Arabia, Germany, the UK, Singapore, and China, registered impressive growth during this period.
Engineering goods exports to the UAE went up 42.4% in January 2026 to US$871.48 million. In the case of Saudi Arabia, exports were up 33.3% at US$518.58 million.
While engineering exports to Germany rose 23% year-on-year to US$443.49 million in January 2026, the UK saw 17.6% increase to US$408.91 million during this period. Engineering goods exports to China grew 26.7% to US$304.85 million.
Apart from the US, the key countries that witnessed lower engineering goods shipments from India during the month of January this year included Mexico, France, Bangladesh, Turkey, and Thailand.
Among the engineering panels that recorded impressive exports in January this year were copper, iron & steel, motor vehicles and ships, boats, and floating products and parts.
Exports of copper and products jumped 52% year-on-year to US$346.9 million in January 2026. Iron & steel exports recorded 22% year-on-year growth to US$912 million during this period. Motor vehicle/cars exports rose 28% to US$876.9 million in January 2026, as against US$687 mil lion in January 2025.
In January 2026, 28 of 34 engineering panels showed positive year-on-year growth. The six panels that witnessed a year-on-year decline in shipments during this period included nickel and its products, aircraft, spacecraft and parts, hand tools and cutting tools, and prime mica and products.
Region-wise, North America and the European Union (EU) remained the top two exporting regions for Indian engineering goods in January this year. Also, export growth was recorded across all regions in January 2026, except North America, Sub-Saharan Africa (SSA), Latin America, and the CIS (Commonwealth of Independent States).
In cumulative terms, the increase was noted in all regions barring WANA (West Asia-North Africa), Other Europe, and CIS.
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