India’s Engineering Export Boom: Why the World Is Turning to Indian Manufacturers

India’s engineering goods exports are not just rising — they’re redefining global trade dynamics. In FY 2023–24, India surpassed the $100 billion milestone, and by FY 2024–25, engineering exports hit an all-time high of $116.67 billion, marking a 6.7% year-on-year growth — despite a global slowdown in trade.

This is not just a seasonal spike. It’s a strategic shift.

A shift in global sourcing behaviour, a shift in trust toward Indian precision manufacturing, and a shift in India’s positioning as a reliable, quality-driven, and globally compliant engineering hub.

India’s Engineering Export Growth: A Decade of Momentum

Let’s take a look at the trajectory:

• FY 2014–15 to 2020–21: Export values ranged from ~$73 to $83 billion

• FY 2021–22: Crossed $112 billion

• FY 2024–25: Reached a new high of $116.67 billion

• FY 2024–25 (first 10 months): 9.8% growth, hitting $96.8 billion

Today, engineering goods form nearly 27% of India’s total merchandise exports.

Why Global Buyers Are Sourcing Engineering Products from India

Countries across Europe, the Middle East, Africa, ASEAN, and USA are increasingly partnering with Indian engineering exporters. Here’s why:

1. Global Quality Meets Cost Efficiency

Indian manufacturers now combine cutting-edge infrastructure, automated systems, and skilled talent to deliver world-class engineering products at globally competitive prices — from gauges to valves, automotive parts, fasteners, and custom precision components.

2. Policy Push: Make in India & Export Support

With strong backing from the Indian government through the Make in India initiative, and export subsidies, even MSMEs and mid-sized manufacturers have entered the global market with confidence and capacity.

3. Certification-Led Trust

Today, Indian exporters deliver with ISO, AS, DIN, CE, and other international certifications — meeting strict compliance standards required in the US, EU, UAE, Japan, and beyond.

4. Full-Spectrum Engineering in One Country

From precision gauges and castings to electrical equipment and pumps, India now offers a complete engineering solution hub — simplifying sourcing for global buyers looking for reliable, consolidated suppliers.

5. China+1 Strategy: India as a Strategic Partner

As global brands diversify away from a China-centric supply chain, India is emerging not just as an alternative but as a strategic long-term sourcing partner — especially for high-precision and quality-controlled engineering products.

India’s Engineering Exports: Key Stats You Should Know

• 7X growth in engineering exports since 2003

• The US, Germany, UAE, and Italy account for 40%+ of total exports

• Top exported categories: automotive components, fasteners, measuring tools, pumps iron & steel products, industrial machinery, aircraft, spacecraft & ship components.

📌 Final Thoughts: Why You Should Partner with an Indian Engineering Exporter

India has become a center of precision, performance, and partnership. Whether you're a distributor, a sourcing manager, or a global manufacturer, aligning with a trusted Indian exporter is a move toward resilience, cost-efficiency, and quality.

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