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Engineering Industry

 
Engineering Industry In India
 

Engineering is by far the largest segment in the Indian industry, employing approximately four million skilled and semi-skilled workers. The engineering sector has witnessed tremendous growth, led by significant investments in power projects and infrastructure development. In 2016-17, the share of engineering exports in India’s total merchandise exports stood at 23.75 per cent.

Exports

  • Engineering exports from India stood at US$ 65.23 billion in 2016-17.
  • During 2016-17, the top 25 nations out of 228 export destinations accounted for around 74.3 per cent of India’s overall engineering exports.
  • Top ten importers of Indian engineering products during F2016-17 were US (US$ 7.06 billion), UAE (US$ 4.03 billion), Singapore (US$ 2.80 billion), UK (US$ 2.48 billion), Mexico (US$ 2.45 billion), Malaysia (US$ 2.39 billion), Germany (US$ 2.21 billion), Nepal (US$ 2.16 billion), Italy (US$ 2.08 billion) and Bangladesh (US$ 1.99 billion).
  • The EU, ASEAN+2 and North America recorded the highest shipment of engineering products from India, with a share of 21 per cent, 16 per cent and 15 per cent respectively in total engineering exports in 2016-17.

EEPC India (Formerly Engineering Export Promotion Council)

EEPC India has more than 13,000 members, including small and medium enterprises (SMEs) and trading houses.

Source: India Brand Equity Foundation


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