India’s engineering exports increase 23.71% in November despite tariff headwinds

The Engineering Export Promotion Council (EEPC) of India has said that Engineering goods exports surged 23.71% to $11.01 billion in November 2025 as compared to $8.90 billion in November 2024, despite tariff headwinds. Moreover, it stated that engineering exports rose cumulatively by 4.25% year-on-year to $79.74 billion during April-November in FY26.

EEPC India Chairman Pankaj Chadha stated that the performance of engineering goods exports was positive in November 2025, despite the 50% punitive tariff imposed by the Donald Trump administration continuing to impact a significant portion of India's export basket. Further, he stated that the strong performance in November shows the resilience of the Indian engineering industry and its ability to adapt quickly to a challenging global trade environment, with continued support from government intervention.

Besides, he said that the Engineering Industry is hopeful about diversifying export markets, aided by several trade agreements currently under negotiation, which are expected to help Indian engineering exporters expand their global footprint. Moreover, he said that the industry is awaiting final guidelines for the ₹25,060-crore Export Promotion Mission, which is expected to boost exports further.

Market participants and industry experts are now looking towards the outcome of the ongoing trade negotiations with the US. A delegation led by Deputy US Trade Representative (USTR) Rick Switzer was in the national capital for two-day trade talks with his Indian counterpart Rajesh Agrawal.

The visit is crucial as India and the US are working to finalise the first tranche of the pact. This is the US officials' second trip since the imposition of a 25% tariff and an additional 25% penalty on Indian goods entering the American market due to the purchase of Russian crude oil. The US officials last visited India on September 16.