India's engineering exports jump 24% to $12.31 billion in May: EEPC

New Delhi: India's engineering goods exports jumped 24.48 percent to USD 12.31 billion in May 2026, from USD 9.89 billion in the year-ago period, industry body EEPC India said on Sunday.

Cumulatively, engineering exports during April-May 2026-27 stood at USD 22.66 billion, a growth of 16.8 percent over USD 19.40 billion in the corresponding period of the previous year.

Follow The PSUWatch Channel on WhatsApp

EEPC India Chairman Pankaj Chadha said the sector had "successfully navigated through a very challenging period" and maintained positive growth despite the West Asia conflict and resultant trade disruptions.

"The trend clearly shows adaptability of the engineering community to the dynamic external situation," Chadha said, adding that government support and trade facilitation measures had played a crucial role.

Follow PSU Watch on LinkedIN

He, however, cautioned that challenges remained even as a peace deal between the US and Iran had been announced.

"It will take time for the deal to bear fruit considering the widespread disruption in the energy market and its ripple effect down the line," he said.

Chadha stressed that maintaining current momentum would need continued focus on the market as well as product diversification.

(PSU Watch is India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy. 👉 Click to join our channel now: PSUWatch WhatsApp Channel. Prefer LinkedIn? Follow PSU Watch on LinkedIN. Click to stay connected on Twitter here and stay updated.)