Engineering exports picking up
image for illustrative purpose
Kolkata: Indian engineering exports to 18 key markets recorded positive growth in October, Engineering Exports Promotion Council (EEPC) India said in a statement. Countries, which registered positive growth in exports during October, include the UK, US and UAE among others.
The trade body said that China, Italy, Singapore and Indonesia were among the countries that saw a decline in engineering shipments during the month. Engineering exports to the US were $1391.5 million, up 2.2 per cent year-on-year against $1,361 million.
For Germany, exports in October were higher by 20 per cent at $342.7 million, it said. Engineering exports to UAE increased 2.9 per cent year-on-year at $348.6 million, EEPC said. Engineering exports from India during October increased to $8,094.20 million, registering a rise of 7.2 per cent.
