Engineering exports register 3.6% growth in July amid global challenges

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Engineering exports register 3.6% growth in July amid global challenges - Business Standard

Quick Summary:

The Engineering Export Promotion body EEPC India chairman Arun Kumar Garodia said the engineering goods exports were USD 9.04 billion in July 2024, compared to USD 8.72 billion a year ago month.

Despite a challenging global environment, India's engineering goods exports continued their upward trajectory in July with a 3.6 per cent year-on-year growth, reflecting the sector's resilience, EEPC said on Friday.

Engineering exports to Bangladesh fell 11.8 per cent year-on-year to USD 153.78 million in July 2024, as against USD 174.35 million in the year-ago month, EEPC said in a statement.