Cumulatively, engineering exports throughout April-May 2026-27 stood at $22.66 billion, a development of 16.8% over $19.40 billion in the corresponding interval of the earlier yr.
EEPC India Chairman Pankaj Chadha mentioned the sector had “efficiently navigated by way of a really difficult interval” and maintained optimistic development despite the West Asia battle and resultant trade disruptions.
“The development clearly exhibits adaptability of the engineering neighborhood to the dynamic exterior state of affairs,” Chadha mentioned, including that authorities help and trade facilitation measures had performed a vital function.
He, nonetheless, cautioned that challenges remained at the same time as a peace deal between the US and Iran had been introduced.
“It should take time for the deal to bear fruit contemplating the widespread disruption in the power market and its ripple impact down the road,” he mentioned.
Chadha confused that sustaining present momentum would want continued focus in the marketplace in addition to product diversification.
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